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ricardo7
Level 2

How can I retire a payment from me to my supplier that is no longer required?

I have a total amount of $46.32 from 13/7/20 and the supplier decided to treat as samples.

How do I retire this debt without affecting my stock and bank balance?

I believe the solution is a journal, but I dont know how to do it

Any help?

Solved
Best answer November 03, 2020

Best Answers
Rebecca_A Product Champion
QuickBooks Team

How can I retire a payment from me to my supplier that is no longer required?

Hi ricardo7, 

 

Thank you so much for reaching out. There are a few options you could use in this case, a journal entry being one. 

 

The other option I found is voiding the transaction. 

While we cannot provide specific advise in this case, e.g. what accounts to use or which option to choose I can recommend reaching out to your Accountant for more information. 

 

If you do not have one please see here.

 

Thanks, 

Rebecca 

View solution in original post

1 Comment 1
Rebecca_A Product Champion
QuickBooks Team

How can I retire a payment from me to my supplier that is no longer required?

Hi ricardo7, 

 

Thank you so much for reaching out. There are a few options you could use in this case, a journal entry being one. 

 

The other option I found is voiding the transaction. 

While we cannot provide specific advise in this case, e.g. what accounts to use or which option to choose I can recommend reaching out to your Accountant for more information. 

 

If you do not have one please see here.

 

Thanks, 

Rebecca