Supplier Refunds

Mary Boyd

I need to record the tax code when receiving a supplier refund but this does not seem to be available through the make a deposit section. Can you tell me why this does not occur and how I can record the tax. 

Tanya Briggs

Linda ABC

Hi Mary - what I do is raise a Bill Credit for the Supplier - allocate it to the correct line/item, pick up the correct tax code etc... then when the refund comes into the bank account - I enter via Make Deposits - where the Received From is the Suppliers Name... the From Account is your Accounts Payable account - then the amount is entered... I then go to Pay Bills and apply the Deposit to the Credit Note... all done, neat and tidy.. hope this helps  Regards Linda

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