Applying Vendor Credits Against Bills - Accounting Software Secrets
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Applying Vendor Credits Against Bills

Applying Vendor Credits Against Bills

Applying Vendor Credits Against Bills

 

To apply a credit against a bill, click on the bill, then click on the button that says “set credits” to indicate what credit should be applied against this bill.

 

QBRA-2004: Vendors > Pay Bills > Click on Bill > Set Credits

 

Credits that have not been applied to bills can become a big issue when issuing cash basis financial statements.  To check for this issue before financial statements are issued, the best report is Unpaid Bills, customized as of the report date.

More information on this topic

Paying Bills