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R
Risho
May 4, 2022
Question

Cheque to vendor refunded

  • May 4, 2022
  • 1 reply
  • 0 views

Vendor was paid a bill. Vendor's bank did not accept payment and returned payment to our bank months later. The vendor is still owed payment. The amount returned to our bank was used for a different vendor bill payment.
I want our bank to show the amount was returned, and
the vendor's account needs to show that they are still owed.

Thank you

Rish

1 reply

J
JamesM4
May 4, 2022

Hi Risho,

 

Welcome back to the Community. QuickBooks is a powerful program that helps you manage your work with peace of mind. I'll be glad to share more info so you're on the right track with your work.

 

Making sure you're recording your transactions properly is an essential step for maintaining clean books. To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice on this. If you're not in contact with a professional, don't worry, you can search for one using this link here. 

 

I'll also leave this question open in the Community so other accountant users can share their advice. Otherwise, feel free to ask other questions, I've got your back.

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