WebbGo to the supplier you received the refund from. Click on the green "New transaction" drop down menu and select "Supplier Credit". Enter the details of the supplier refund making sure you attach any documents to support the transaction. Webb22 feb. 2024 · Thus, here is the suggested practice for accepting a cash refund from a vendor in NetSuite: Vendor Credit: first produce the vendor credit. Generally, this would be the first step if you are leading the story to expect your money back. Click the image for an illustration. Bank Deposit: use the Other Deposits feature of the bank deposit transaction.
QuickBooks
Webb30 juli 2024 · First, when making the deposit of the vendor check, perform these steps: Click the Banking menu and select Make Deposits. Press OK if the Payments to Deposit … Webb10 juni 2024 · How you enter the refund depends on how you record your purchases. Choose the section below that applies to you. If you’re not sure, ask your accountant. … hunt\u0027s-up f2
How to Refund from Vendor in QuickBooks - Wondershare PDFelement
Webb28 nov. 2024 · When you receive a refund from a vendor, you must first record a supplier credit for the expense that the refunded payment was applied. Then, you'll have to … Webb9 aug. 2024 · Follow the below-mentioned steps to create vendor credit in your QuickBooks account – 1. Click on “+ new” on the top left corner of your page. 2. Next, click “Vendor Credit” or select “Receive Vendor Credit.” 3. A vendor dropdown list will appear on your screen. There select your respective vendor. 4. Enter the item details or category … Webb7 jan. 2024 · Dealing with Refund from Vendors in QuickBooks Access the deposit screen, go to ‘Receive from’ field and input vendors name In ‘From Account’ field, put accounts … mary chalouhi