Entering a refund from an overpaid supplier

Jonathan Galt

I overpaid a supplier. They have refunded most of the overpayment so far. The overpayment is visible in the suppliers list. The part refund is showing in the bank statement. How do I enter the repayment against that supplier. I read the posts and it seems quite complex. Any simple instructions out there

Jacqui Allen

record the refund on a deposit slip allocate to the relevant accounts payable control account. Now you will be able to assign the credit to this transaction.