I'm here to guide you with the detailed steps. Thank you for getting back, can go ahead with recording the vendor credit, then apply it to your bill/s. Please let me know if you need clarification about this, or there's anything else I can do for you. You might also want to check out this article to learn how to view your transactions with your vendors in QuickBooks Online: View vendor transactions. I'm adding this article for more guidance on this process: Enter a refund from a vendor. You’ll see the amount of the vendor credit in the Credit Applied field. Click the + New button, then select Pay Bills.This is to ensure your vendor expenses are accurate. Once done, you can now link the bank deposit to the vendor credit using Pay Bills. Amount: Enter the amount of your refund.Payment method: Enter the method your vendor used to refund you.This may seem a little strange, but it’s the best way to do this. Important: You need to pick Accounts Payable so you can tie the refund to the vendor credit. Received from: Select the vendor who gave you a refund.In the Add funds to this deposit section, fill out the following fields.Select the appropriate credit card account where you got the refund.Click the + New button and choose Bank Deposit.Then, record a bank deposit to the refund check. Select the Category details or Item details depending on how you record your purchase. ![]() Click the + New button, then select Vendor credit.Let me guide you through the process.įirst off, let's enter a vendor credit. Then, enter a bank deposit from the refund check you'll receive and link both transactions using Pay Bills. Entering a vendor credit in QuickBooks Online (QBO) is easy peasy, can record a vendor credit and make sure it hits the expense account.
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