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A
Alex22
March 12, 2019
Solved

Apply Vendor Credit on Bills

  • March 12, 2019
  • 4 replies
  • 0 views

Hi,

I am having trouble applying a credit a have cumulated with a vendor for a bill. When I took over the quickbooks file, I see for a specific vendor we have overpaid some bills therefore, we have a credit on vendor file.

Now I want to add these multiple credit to new bills.

Anyone can help me with this ?

Thanks

Best answer by Roger-L

when you pay a bill, select one or more invoices to be paid

you should now see what credits are available, and the 'set credits' button allows you to apply any credit

4 replies

R
Roger-LAnswer
March 12, 2019

when you pay a bill, select one or more invoices to be paid

you should now see what credits are available, and the 'set credits' button allows you to apply any credit

    A
    Alex22Author
    March 12, 2019
    Thanks for your help Roger L.

    Now i found what your showing me in your post. But i have 2 bills from one vendor and when choosing both the total amount is the same amount as the credit.
    However there is 3 credits for a total of the 2 bills by the vendor.

    How do i proceed to cancel everything out ?
    qbteachmt
    qbteachmt
    March 12, 2019

    In your Pay Bills screen, you select One Bill, then apply credits. Then, select the Other Bill and apply credits. Let QB "use" as many credits as needed to pay off any one bill. Then move on to the next bill.

    A
    Alex22Author
    March 12, 2019
    Thank you, worked wonders.
    B
    btautimer
    May 20, 2019

    Here's a closer look at the Total Available Credits in the Pay Bills window. See how the credits change when the vendor is selected (bottom right corner).

      E
      eleidy
      August 6, 2019

      Hi 

       

      I'm currently using QB Desktop Pro 2019. The issue am having with the vendors credit is that not every purchase has a credit with the same amount to be matched to.

      I enter the bills and the credits from the Vendor Center. On July Statement, I have a credit for a part we purchased on June.

      Paid June statement, now July statement reflects a credit from the purchase back in June.

       

      I thought I could pick all the purchases for the moth am paying for and then minus all the available credit 

       

      Thank you 

       

      V
      venom
      September 28, 2020

      Hi,

       

      I'm on Enterprise Desktop and am stumped about how to apply the credit to an open invoice without paying the remainder of the invoice right now. I have the credit memo already entered, and I see in the Pay Bills section that the credit is there ready for me to apply. When I select Set Credits, the Amount To Pay shows up and it does not allow me to change the amount to pay. If I click Done, it automatically creates the check to be paid in the full amount due and enters it. How can I apply the credits before the bill is actually due?

      J
      JamesM
      September 28, 2020

      Hi venom. Thanks for reaching out to the Community. I want to make sure you get the support you need with this. I recommend contacting our support team for further assistance. One of our specialists will be happy to share your screen and help. Here are the contact details. 

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