Processing a Refund from a Vendor

This is a three step process.

1. Enter a credit memo for the vendor.

You should receive this prior to receiving the refund check from the vendor.

2. Enter the refund check from the vendor.

When you request and receive the refund check from the vendor, follow the steps to enter it properly.

3. Reconcile the credit memo and the refund check.

This will remove the credit memo and the refund check from the Vendor Ledgers report.

What do you want to do next?

• Look up the current payment status of a purchase invoice
• Pay vendors or enter payments for purchases
• Print checks for invoices
• Void checks
• Record credit card purchases
• Enter a deposit or prepayment
• Read the payments overview

Published: March 21, 2017
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