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Handle supplier refunds and credits in QuickBooks Online
by Intuit•27• Updated 2 months ago
Just got some money back from a supplier? How you should handle it in QuickBooks Online depends on whether it was a refund or a credit.
Record a supplier refund
A supplier may give you a refund if you paid too much for an invoice. Or, they may give you a refund if they can't fill your order. How you record this in QuickBooks depends on how you entered the purchase.
If you’re not sure which method to use, your accountant will be the perfect person to advise you. We can also help you find a ProAdvisor if you don't have one.
Record a supplier credit
Suppliers can give credits to reduce the cost of future purchases or as a way to thank customers.
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