Refund From Vendor Chargeback Receive Credit

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    To enter a credit received from a vendor,just enter a payable with a negative amount and post it. You can then apply the credit against an open payable using Adjust A/P. However, if you want to process the credit without applying it to an open payable do the following:

    1) Adjust A/P using negative amount and applied, use Suspense for offset account.
    2) Transactions > Other Checks Received. Receive positive amounts, use Suspense for offset account again.

    Updated on November 2, 2026