Functions in Payments Made

Let us take a look at some of the functions that can be performed in the Payments Made module.

Refund Payment

Record Refund for Advance Payment Made to Vendor

If you’ve made an advance payment to a vendor and the vendor refunds a part or the entire advance payment, you can record the refund in Zoho Books. Here’s how:

Go to Purchases > Payments Made.
Select the advance payment that you have recorded for the vendor.
Click More > Refund.

Enter the amount that the vendor refunded and select the account which tracks the refund.
Click Save.

When you record a refund for a part of the advance payment, the remaining amount will still be available to apply across the vendor’s outstanding bills.

To view the refunds that you have recorded:

Go to Purchases > Payments Made.
Select the payment for which you have recorded a refund.
Scroll down on the right side of the page.
From here, you can Edit or Delete the refund by hovering over it and selecting the desired action.

Next >
Manage Payments Made

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