I completed a purchase of supplies using a credit card with a vendor. I received a partial refund sent in the form of a check. how should I record this transaction?

Hello, Becky.

Let me walk you through recording the refund transactions.

To record the transactions, here's how:

1. Select + New and then Bank Deposit.
2. Go to the Add funds to this deposit section:

• Enter the amount refunded by the vendor and choose the Category/Account that you selected on the initial expense or check.

If you deposited customer payments for invoices into the bank account along with the vendor refund, add them in the Select the payments included in this deposit section.

Moreover, you can also enter bills you plan to pay later:

1. Select + New.
2. Select Vendor credit.
3. In the Vendor dropdown, select your vendor.
4. Depending on how you record purchases with this vendor, enter the Category details or Item details. Usually, this is the category, product, or service you’re getting credit for. Please note that If you choose an inventory item, QuickBooks will put it back into inventory. If the item is defective or if you don’t want it added back to inventory, you can make an inventory adjustment.
5. Select Save and close.

For future help in running vendor reports in QuickBooks Online: Run a report with vendor totals.

Don't hesitate to return to this post if you have other concerns about vendor credits and refunds in QuickBooks Online. I'll be here to lend a hand.