How to receive payments from my vendors?
There are two instances when you may receive a payment from your vendor:
- Payment refund
- Vendor credit
If your vendor issues a refund:
- Go to the Purchases module from the left sidebar and click Payments Made.
- Click the payment for which you wish to record a refund.
- Click Refund from the More option in the top right corner of the page.
- Enter the Refunded On, Amount and Account to details.
- Enter the other necessary details.
- Click Save.
To record a vendor credit:
- Go to the Purchases module from the left side bar and then click Vendor Credits.
- Click the + New button in the top right corner of the page.
- Enter the Vendor Name and other necessary details.
- Click Save.