Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowGood day, lsefcik.
You can use the vendor credit as payment to your vendor's open bill.
To apply the existing credit to an open vendor transaction, use the Pay Bill feature. Here’s how:
You may also follow below another step to use the vendor credit as payment for an open bill:
To know more about vendor credits, take a look at this article: Enter a credit from a vendor.
You may also find this helpful: Enter and pay bills.
Let me know if you have any other questions concerning QuickBooks. I’m always here to help. Have a nice day!
Thank you for this very simple solution. I was on with chat help for over 15 min and all I got as a takeaway was that they were trying to sell me a training class! From now on if I have a simple question I will just post it here. Also, this should be a simple solution that comes in when you type in "offset vendor invoice against vendor credit", but you should see what came up that didn't come close to addressing my question.
I appreciate your quick and accurate response!
Hey there, @LSefcik1.
Thanks for following up with us and letting us know that the solution provided by my colleague above worked for you.
Please know you can reach out to the Community at any time. We're always here for you.
Take care and enjoy the rest of your week. You certainly deserve it!
How do I offset a credit on an invoice the vendor will need to pay?
Hello there, Sonja8.
I'll guide you on how you can apply credits to a vendor's invoice/bill in QuickBooks Online.
In QuickBooks Online, vendor credits and refunds can be handled in different ways. It all depends on how you keep track of your purchases. You can follow the steps below to track credits applied to a vendor bill:
To create a vendor credit:
To apply the vendor credits to a bill:
I've included this article to learn about additional ways to deal with vendor credits and refunds: Enter vendor credits and refunds in QuickBooks Online.
You can also visit our help page for the other related topics and relevant articles you can use in managing vendor transactions: Expenses and vendors
If you need assistance with vendor-related transactions, please tag my name and leave a comment below. Take care and enjoy the rest of your week.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.