Supplier Credit Refunds

SoniaLollo
SoniaLollo Member Posts: 1 Novice Member Novice Member
in Reckon Accounts Desktop & Hosted Ideas

Reckon Accounts Desktop and Online

Can you setup the Supplier Credit Refunds, the same as a Customer Credit Refund?

The only way possible is to delete the entered Supplier Credit and enter a Journal for the Refund when received.

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  • Acctd4
    Acctd4 Accredited Partner Posts: 4,112 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited September 14

    Welcome to the Community @SoniaLollo ! โ˜บ๏ธ

    To record a supplier refund, you enter a Bill Credit (with the same detail as the original Bill eg account, tax code etc) then enter a Make Deposit received from that same Supplier name but posting to your Accounts Payable.

    It will then be listed in your Pay Bills window, to apply the Bill Credit against.

    This process ensures everything records/offsets correctly, including any GST ๐Ÿ˜

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***

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

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    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!)

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