Hi there, CCCBuilder.
You can create a deposit transaction to record the rebate check. First, you'll have to create an Income account to track where your deposit came from. Let me guide you through.
- In your QuickBooks company.
- Go to the Lists menu and choose Chart of Accounts.
- Click on the Account button and choose New.
- Tick the Income button then select Continue.
- Enter the Account Name to Rebates or something similar with rebates.
- You can add Number to this account, choose a unique one like 88888.
- Then click Save & Close.
Now you an create a deposit, here's how:
- Go to the Banking menu and choose Make deposits.
- In the Received From column, enter the name of the Vendor name of the vendor from whom you received the rebate.
- Under the From Account column, click on the Rebate account we created a while ago.
- Enter necessary details and verify.
- Click Save & Close.
I can see that this can be handy in the future, Give your customer a credit or refund in QuickBooks Desktop for Windows.
Let me know if you need further assistance about rebate. I'm here ready to back you up.