cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Not applicable

Bill Payment is greater than Bill amount

We have prepayment setup with a vendor so they deduct $1000 when the charges exceed this no.

So for eg. the total bill amt was 30649.56 and payment is $31000 then what entries needs to be done in QB?

Solved
Best answer 12-04-2018

Accepted Solutions
Established Community Backer ***

Re: Bill Payment is greater than Bill amount

assuming you have the bill entered, in pay bills, select the bill, select the pay from account, enter the amount (31K), save.  QB will offer to keep the over payment as a vendor credit which can be applied to the next bill

1 Comment
Established Community Backer ***

Re: Bill Payment is greater than Bill amount

assuming you have the bill entered, in pay bills, select the bill, select the pay from account, enter the amount (31K), save.  QB will offer to keep the over payment as a vendor credit which can be applied to the next bill

Need to get in touch?

Contact us