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Level 3

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

 
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Level 15

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

Enter the bill for the actual amount due

then use pay bills and pay the actual amount paid, QB will ask if you want to keep a vendor credit, say yes

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Level 3

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

So where does that credit go?  I tried doing that and I couldn't find the actual vendor credit?

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QuickBooks Team

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

Hey there, @Angel11-72.

 

I’m here to assist you with entering a credit for a vendor.

Here’s how:

 

  1. Choose Vendors > Enter Bills.
  2. Select the vendor to whom you made the overpayment.
  3. Click Minor Charge-Off om the Item field.
  4. Then pick Save and Close.

 

I’m here to lend a helping hand if you have further questions.

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Level 3

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

We don't have an item field.  We're a restaurant and only have categories.  Any other suggestions?  Like I said the vendor shows a credit of 14.87, the amount that was overpaid by.

Highlighted
Level 3

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

We don't have an item field.  We're a restaurant and only have categories.  Any other suggestions?  Like I said the vendor shows a credit of 14.87, the amount that was overpaid by.

Highlighted
Level 3

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

Sorry for the double post.

Highlighted
QuickBooks Team

We over paid a vendor invoice. Their Statement notes the inv pd & credit of 14.69 was created. How do I pay the inv & create a credit so the check matches the bank?

Hey there, @Angel11-72.

 

Thanks for reaching out to the Community. It's my pleasure to assist you with the vendor overpayment.

 

Since the overpayment was recorded as a vendor invoice, you'd need to leave it as is. This transaction is recorded on your bank statement, which would then cause issues when trying to reconcile the accounts. I recommend reaching out to your accountant for further advice on the best solution to handle this.

 

If you have further questions, feel free to reach back out anytime. Wishing you and your business continued success. Take care!

 

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