Skip to main content
Oct 13, 2022 7:22 PM UTC
Question

I rec'd a check from vendor! How to take away credit balance!

I received a check from a vendor, this vendor has a credit balance, how to remove? 

1 reply

Oct 13, 2022 9:31 PM UTC

Hi there barbatrapid,

 

 It's vital that all your transactions be entered correctly so that your books can be balanced, QuickBooks Desktop is a great tool able to help keep track of bills and payments so that you can see the balance owed to a vendor. I can point you in the right direction to where you can enter this refund.

 

In order to enter this transaction, you can follow the steps outlined in this article about how to Record a supplier refund in QuickBooks Desktop. As this supplier is cashing out credit on your account, you would be looking at the steps in scenario 3 of this guide to have it entered correctly.

 

If you have any other questions, feel free to reach out here.