Supplier Credit Note and refund received

Linda Hawkins
Linda Hawkins Member Posts: 13 ✭✭
in Accounts Hosted

Hi, client raise a credit note for a supplier, and has received the refund (all back in 2022 FY), but I can't work out how to apply the deposit to the credit note? Advice please!

Comments

  • Kris_Williams
    Kris_Williams Member Posts: 3,199 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    I would make a deposit, from the supplier and post to the account of accounts payable. Then go to pay bills , tick the supplier, and apply the credit in there

  • Charley
    Charley Member Posts: 538 ✭✭✭

    Kris; I would do it with a Journal entry to accounts payable which would then require a Supplier and the go to pay bills and apply the credit. Same thing but different :-)

  • Kris_Williams
    Kris_Williams Member Posts: 3,199 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Yes I do agree with you but not everybody understand journals and the right side to use so I try not to suggest them

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