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December 31, 2020
Question

How do I enter a visa credit

  • December 31, 2020
  • 1 reply
  • 0 views
We received a refund from supplier on our credit card. How do I post the credit?

1 reply

December 31, 2020

Hi accounting456,

 

I know there are many ways that a refund from a supplier can be recorded, and given that this is a refund from your supplier onto your credit card, it makes sense to want to double check those steps. I can show you how it's done in QuickBooks Online.

 

QuickBooks Online has an easy-to-use, built-in feature for recording refunds from your suppliers to your credit card. It's called Credit card credit, and is found in the +New button in the left menu. This is the article that can walk you through it: How can I record a cash back to my credit card account? Rest assured that although the title mentions cash back specifically, the steps also help with recording just a regular refund to your credit card.

 

Give those a shot. So you can see how QuickBooks Online handles other refunds, here are a couple more articles on the topic.

I hope that helps! I'll be here if you need me.