Vendor refunds
When a vendor owes you money, from a vendor credit or an advance you paid, and pays it back instead of letting you use it on their next bills, record a vendor refund.
Open Purchases›Refunds, or click Refund in the vendor's account summary.
Record a refund
- Click New and choose the vendor. Fiscal shows the available credit for this vendor.
- Enter the Refund Date and the Refund Amount. It can't be more than the available credit.
- Choose the bank or cash account the money was Received Into, and add a Note.
- Click Issue Refund.
The vendor's available credit goes down by the amount, and the money is added to the account you chose.
Cancel a refund
Select it and click Cancel Refund. The credit becomes available again.
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