This Learn QuickBooks Online video training tutorial will show how to record receiving a refund from vendors for a past vendor bill that has already been recorded as paid in QuickBooks online. A refund from a paid bill requires that you first make a credit memo the way we learned in the prior QuickBooks online instructional video. We learned how to enter and apply a credit memo. This time, we cannot apply the credit memo to the bill because it’s already paid. Instead, we have to record a check that increases the vendor’s balance and then apply the vendor’s credit memo to the check we received from the vendor. That will fix everything on the unpaid bills report. First we record the vendor’s refund check in the deposit window. Then, we can apply it to the credit memo that offsets the expense or asset account from the original vendor’s bill.
This QuickBooks YouTube Playlist will show you every advanced topic in QuickBooks Online. If you know QBO basics, you can follow every video in this playlist step-by-step and become an expert in QuickBooks Online. Every advanced type of transaction or challenging QuickBooks online situation will be addressed in this learn QuickBooks Online training video tutorial instruction series. There is a QuickBooks solution to every QuickBooks problem and an answer to every QuickBooks question. This playlist is the best QuickBooks help there is.

👉Subscribe for more videos:
[ Ссылка ]

Other Related Videos 👇

Learn QuickBooks And Master QuickBooks Online
[ Ссылка ]

Learn QuickBooks Online Bank Feeds
[ Ссылка ]

Learn Quickbooks Online Phone App
[ Ссылка ]

➡Follow us on social media:
[ Ссылка ]
[ Ссылка ]

Mark Smolen is a certified instructor and the creator of the QuickBooks Instructional YouTube Channel and Website.

➡Get In Touch Today
Have a question or need help with your QuickBooks Instructional Course? Contact Mark directly.

[ Ссылка ]
[ Ссылка ]
#quickbooksonlinerefunds #quickbooksvendorrefunds #quickbooksonlinepaybills

свернуть