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lpurcell
April 5, 2019
Question

Vendor credit

  • April 5, 2019
  • 1 reply
  • 0 views

Hello, 

I have several vendor credits to apply for returned materials. The original vendor bills have already been paid. We will not receive any cash/credit for the returns. We now have a credit with the vendor. How do I apply the credit to the vendor and then later apply it to future bills for payment? 

 

Thanks. 

 

1 reply

Rustler
Rustler
April 6, 2019

When you returned something, you should have used enter bills, set it to a credit top left, and either used the expense tab or the item tab depending on what was returned.  That sets a vendor credit.

 

then after you enter a new bill, in pay bills you can apply the credit.

 

how did you make the entry for the stuff that was returned?

L
lpurcellAuthor
April 8, 2019

Thank for the answer. The credits in question were before my time in this position. The previous person did not enter them. While I have some QB knowledge, I am still learning. I just want to be sure I do not need to do anything with the original bill entry. 

 

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