Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Let me help you record the cash returned from your supplier, @navincne2003.
Cash received mostly from a transfer does not affect the accounts related to the name of the transaction. With this, it is recommended to create a new account and use it to record the cash as a deposit. Let me show you how.
First off, here's how a new cash account is created:
Once done, let me show you can the deposit is recorded:
I'm adding this article to learn more about using your petty cash account: Set up and Use Petty Cash in QuickBooks Online.
You may also check this reference for tips and guides helpful in managing your suppliers' activity: Manage Suppliers and Expenses for QuickBooks Online.
If you have any other questions aside from recording cash transactions from your suppliers, please let me know in the comments below. I've got your back. Stay safe!
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.