Apply debit journal entry to vendor credit balance

Good morning, @lparker3. 

It's great to see you back in the Community! 

You can easily create a journal entry by using the steps below: 

1. Go to the +New button on the left-hand menu bar. 
2. Press the Journal Entry option. 
3. On the first line, choose an account from the Account field. 
4. On the next line, select the other account you're moving money to or from. 
5. Check the amounts - you should have the same amount in the Credit column on one line and the Debit column on the other. This means the accounts are in balance. 
6. Enter the reason why you made the journal entry within the memo section. 
7. Tap Save and new or Save and close. 

In addition, if you're unsure of how you need to enter the debit and credit for this journal entry, I recommend reviewing this guide. Also, check with your accountant to be sure this is right for your business or for more details. 

This should do the trick. If you have any other questions, don't hesitate to ask. Bye for now! 

Please reread my original question. 

I have the journal entry made.  I have a credit balance on a vendor that I need to apply the journal entry to in order to clear it off of the AP Aging Summary report.

I have the journal entry made.  

What I need is to be able to apply the debit from the journal entry to the vendor credit balance to zero the account so it doesn't show on the AP Aging Summary Report.

Hello there, @lparker3. Let me share a way on how you can approach this issue.

There are two ways to offset the balance: creating an Expense or Pay Bills transaction. I recommend creating an expense transaction, as it lets you choose which vendor credit and journal entry you want to link properly. Additionally, ensure that both transactions have the same dates.

Follow these steps to create an expense:

1. Click on the + New button, and select Expense.
2. Choose the Payee or vendor with credits.
3. A screen will pop up on the right side of the screen.
4. Select the Vendor Credit and Journal Entry you had made earlier.
5. Click Save and close.

The vendor credit will not be shown in the AP Aging Summary report by following these steps. Also, it's important to consult with your accounting professional before making any journal entries to ensure the accuracy of your books.

If you need to, you can also reverse or delete the journal entry you made in QuickBooks Online.

Let me know if you have further questions about managing your vendor credits. Have a great day!