Enter vendor credits to record:

  • Refunds from vendors
  • Returns to vendors

To enter a credit:

  1. Click Create (+) > Vendor Credit.
  2. Fill in the credit:
  3. Vendor Choose the vendor who is giving you the credit.
    Payment date When you were given the credit.
    Ref no. Tip: It's a good idea to enter a reference number because it helps distinguish different credits from the same vendor. This will come in handy when you pay bills.
    Location Optional. If you don't see this field, this feature is turned off in Company Settings (or Account and Settings depending on what you see).
    ACCOUNT

    Which account should I use on a vendor credit?

    AMOUNT The amount of the credit.
    CUSTOMER Optional. Why enter a customer? If you don't see this field, this option is turned off in Company Settings (or Account and Settings depending on what you see).
    BILLABLE

    Optional. Check this box only if you want to extend this credit to the customer you chose for this item. Tell me more.

    If you don't see this field, this option is turned off in Company Settings (or Account and Settings depending on what you see).

    MARKUP % Optional. You can credit the customer the original markup you charged. If you don't see this field, Markup is turned off in Company Settings (or Account and Settings depending on what you see).
    TAX Optional. You can credit the customer the original tax you charged.
    CLASS Optional. Choose a Class. If you don't see Class, class tracking is turned off in Company Settings (or Account and Settings depending on what you see).
  4. Click Save.

See also

Pay bills