Mastering Vendor Credit Management In Quickbooks Online For Enhanced Financial Control
To apply vendor credit in QuickBooks Online, create vendor credit memos to issue credits for overpayments or incorrect invoices. Unapplied credits can be applied to future invoices or used for refunds. In the Receive Payment window, apply credits to outstandinginvoices and issue refunds. Unapplied credits can be tracked in the Accounts Payable report. QuickBooks allows…