WebSep 20, 2011 · Entering and applying a refund check from a vendor Suggested Answer If this is only a rare occurrence, then it is best to do in the following process: 1) Enter the cheque in the bank rec module (Financials>> Bank Transactions >> Enter Receipt type document. Debit cash and credit a clearing or suspense account. WebLet me guide you with these steps: Click the + New button. Under OTHER, select Bank deposit. Select the account to which the refund comes from in the Account field. Select to …

How to Record a Vendor Credit in QuickBooks Online - dummies

WebDec 15, 2016 · Enter the Amount of the refund received and Save & Close. Now go back to the Vendors menu and select Pay Bills. Check the Deposit that matches the Vendor check amount. Choose Set Credits (near the bottom of the screen in the middle) and apply the Bill Credit. Click Done, Pay Selected Bills, and Done. WebMar 26, 2016 · If the vendor issued a refund check to you, now you can enter a deposit for the refund check and link it to the vendor credit. Follow these steps: Click the Create plus (+) sign and, from the Create menu that appears, choose Bank Deposits. QBO displays the Deposit transaction window shown. great wall ora uk

Refunds and credits QuickBooks Desktop US - Intuit

WebIn First Step, You need to Go to the “ Banking Menu ” and Select “ Make Deposits “ After that Click “ OK ” the Deposit Window Hit a Click on Door “ Received from Drop-down ” and … WebRefund receipts should normally not be in the Print Checks queue. Since they are showing up there, I'd recommend contacting your service provider where the refund receipts came … WebJan 11, 2024 · Go to the Bankingmenu, then select Make Deposits. If the Payments to Depositwindow appears, select OK. In the Make Deposits window, select the Received fromdrop-down and choose the vendor who sent you the refund. In the From … great wall ora iq