Thank you for your response,@MaryLurleenM.So even though the bills weren't actually paid - they were settled/forgiven by the vendor, they will still show as a p...
The payment is showing on the vendor's 1099.The vendor credit was created for debt settlement and was applied to income because the debt wasn't paid it was forg...
I've done this with settled debt - vendor credit/other income/apply credit to bills - but my question is with the vendor's 1099. The vendor's 1099 is showing th...
My question is similar... A vendor credit was used for debt settlement (debit a/p, credit other income) and applied to outstanding bills on the vendor account. ...