Supplier credit note refunded

Jo_9196492
Jo_9196492 Member Posts: 17 ✭
in Accounts Hosted

We paid a supplier for an invoice that has now been credited. They have reimbursed us for the amount of the credit note. I recorded the deposit but there is no option to apply the deposit to the supplier credit note - how do we apply the deposit to the credit note?

Thank you

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 2,975 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Create a Bill Credit (with the same Items/or Expense account detail as has been refunded) then ensure your Deposit has “Accounts Payable” as the account (not to be deposited to, but on the deposit line itself)

    This allows you to then allocate the Credit against the refund (as the Deposit will show in the “Pay Bills”) list whilst ensuring the expense & GST are also correctly credited 😊

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner(AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Jo_9196492
    Jo_9196492 Member Posts: 17 ✭

    Awesome, thank you so much for that 😊

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