how do I deduct a rent payment from a vendor invoice (the vendor is a tenant)

Welcome to the Community, Beci927.

I have the steps to deduct rent payments from a bill for your vendors in QuickBooks Online.

There would be instances when your vendor owes you an amount for certain services. In this case, we can create a vendor credit to deduct their payment when paying them through a bill. Let me guide you on how.

1. Select the +New icon.
2. Choose Vendor credit under VENDORS.
3. Select the appropriate vendor and category.
4. Enter the amount that your vendor owes.
5. Click on Save and Close.

After that, here's how to pay the bill together with the credit:

1. Click on the +New button, then Pay bills.
2. Check the bill you want to pay.
3. Review the credit on the Credit Applied column.
4. Select Save and close.

For more information, visit this page: Enter vendor credits and refunds in QuickBooks Online.

Moreover, browsing this article will help you gather valuable insights from your business finances to guide you in making informed decisions: Run a report with vendor totals.

Feel free to update us in this thread if you have additional questions when deducting vendor payments from a bill or other related concerns in QuickBooks Online. We can always lend a hand.