diff --git a/backend/src/lib/newbook.js b/backend/src/lib/newbook.js
index e667ebb..b788a4b 100644
--- a/backend/src/lib/newbook.js
+++ b/backend/src/lib/newbook.js
@@ -279,7 +279,8 @@ export function parseTransactionBreakdown(rawData) {
     const desc = t.item_description || ''
     const payType = t.payment_type || ''
     const isVoided = t.item_type === 'payments_voided' || t.item_type === 'refunds_voided'
-    const displayType = isVoided ? payType + ' -void' : payType
+    const isRefund = t.item_type === 'refunds_raised' || t.item_type === 'refunds_voided'
+    const displayType = (isRefund ? payType + ' -refund' : payType) + (isVoided ? ' -void' : '')
     const category = categorise(payType)
 
     const item = {
@@ -288,6 +289,7 @@ export function parseTransactionBreakdown(rawData) {
       details: '',
       amount: parseFloat(t.item_amount || 0),
       is_voided: isVoided,
+      is_refund: isRefund,
     }
 
     const ticketMatch = desc.match(/^Ticket:\s*(\d+)\s*-\s*(.+)$/i)
diff --git a/frontend/src/pages/DailyCashUp.tsx b/frontend/src/pages/DailyCashUp.tsx
index 90bb27c..0d160e9 100644
--- a/frontend/src/pages/DailyCashUp.tsx
+++ b/frontend/src/pages/DailyCashUp.tsx
@@ -929,6 +929,8 @@ function TransactionChecklist({ breakdown, checked, onToggle }: {
                     {items.map((item, i) => {
                       const key = `${section}:${category}:${i}`
                       const isDone = checked.has(key)
+                      // Refunds are a transaction type, not a negative value — amount stays positive
+                      const isRefund = item.is_refund
                       return (
                         <div key={key} onClick={() => onToggle(key)} style={{
                           display: 'grid', gridTemplateColumns: '20px 1fr auto auto',
@@ -949,9 +951,11 @@ function TransactionChecklist({ breakdown, checked, onToggle }: {
                               <span style={{ fontSize: '0.7rem', color: 'var(--text-mid)', marginLeft: '0.5rem' }}>{item.time.slice(11, 16)}</span>
                             )}
                           </div>
-                          <span style={{ fontSize: '0.7rem', color: 'var(--text-mid)' }}>{item.payment_type}</span>
-                          <span style={{ fontSize: '0.8rem', fontWeight: 600, color: item.is_voided ? 'var(--danger)' : undefined }}>
-                            {item.is_voided ? '-' : ''}{fmtGBP(Math.abs(item.amount))}
+                          <span style={{ fontSize: '0.7rem', color: 'var(--text-mid)' }}>
+                            {item.payment_type}
+                          </span>
+                          <span style={{ fontSize: '0.8rem', fontWeight: 600, color: item.is_voided || isRefund ? 'var(--danger)' : undefined }}>
+                            {item.is_voided || isRefund ? '-' : ''}{fmtGBP(Math.abs(item.amount))}
                           </span>
                         </div>
                       )
diff --git a/frontend/src/types.ts b/frontend/src/types.ts
index 36953b0..c111722 100644
--- a/frontend/src/types.ts
+++ b/frontend/src/types.ts
@@ -75,6 +75,7 @@ export interface TransactionItem {
   details: string
   amount: number
   is_voided: boolean
+  is_refund: boolean
 }
 
 export interface TransactionBreakdown {