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CMUser
Level 1

I made a Purchase Order, Received Items with a bill, and later paid the bill with the check. I had to return part of the merchandise and was issued a credit memo from the vendor. How do I clear this up in Quickbooks Premier? 

Solved
Best answer July 25, 2020

Best Answers
Joesem M
QuickBooks Team
Thanks for reaching the Community space, @CMUser.
 
You can create a vendor credit this will decrease the quantity on hand of the items your returning. I'll guide you how:
 
  1. Go to the Vendors menu, then click Enter Bills.
  2. Select the Credit radio button.
  3. Choose the Vendor name.
  4. Fill in the necessary information the same with the Bill created.
  5. Select Save & Close
I've added this article in case you need further guidance on how to record a vendor refund in QuickBooks Desktop.
 
Should you need tips and related articles in the future, visit our Community website for reference: QBDT Self-help.
 
Don't hesitate to tag my name in the comment section below if you have other concerns or questions. I'm always ready to help. Have a nice day.

View solution in original post

1 Comment
Joesem M
QuickBooks Team
Thanks for reaching the Community space, @CMUser.
 
You can create a vendor credit this will decrease the quantity on hand of the items your returning. I'll guide you how:
 
  1. Go to the Vendors menu, then click Enter Bills.
  2. Select the Credit radio button.
  3. Choose the Vendor name.
  4. Fill in the necessary information the same with the Bill created.
  5. Select Save & Close
I've added this article in case you need further guidance on how to record a vendor refund in QuickBooks Desktop.
 
Should you need tips and related articles in the future, visit our Community website for reference: QBDT Self-help.
 
Don't hesitate to tag my name in the comment section below if you have other concerns or questions. I'm always ready to help. Have a nice day.

View solution in original post

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