Supplier Credit note and Banking

Hi there, Galib mahamud.

Welcome to QuickBooks Community. I'll be sharing details on how supplier refund works in QuickBooks Online. Then, to ensure you'll be able to handle the credit note with the bank statement smoothly by following the steps below.

There are various ways how to handle supplier refunds in QuickBooks Online. You can enter a supplier credit or record it as Credit card credit in QuickBooks Online. Since there's already a credit note in the system, you'll have to enter a deposit you got from the refund in QuickBooks. To do this, I recommend using or clicking the Add button on the Banking page to automatically record the refund as a deposit as the transaction is through your bank feed. With this, recording those transactions you've mentioned manually isn't necessary. 

Here's how to add:

1. Choose Banking from the left menu.
2.  Select the transaction row to review the type of transaction it is under the For Review tab.
3. Select a category from the Category drop-down. If the entry is either Uncategorised Income or Uncategorised Expense, choose a more specific category from the list.
4. Click Add to move the transaction from the Categorised tab to the In QuickBooks tab.

Once done, you can open this article to view additional steps on how to finish the process: Record a customer refund or supplier refund in QuickBooks Online. 

Lastly, you may refer to this article to see details on how you can run a specific report that will reflect all payments made to suppliers: Run a report with supplier totals.

Keep me posted if you have a follow-up question in recording your supplier refund or credit. I'm always glad to help in any way I can, Galib mahamud. Have a wonderful day!