This month's tip is about using vendor credit for a refund or a return and recording it in QuickBooks Online (QBO).
When you're dealing with your company's vendors, you're probably accustomed to money flowing in one direction: theirs. Maybe you send them purchase orders and they send you invoices. Or they send you bills and you pay them. Or you walk into a store and buy something your business needs.
Sometimes, though, vendors owe you money. Probably the most common scenario is a return of merchandise, products that you've sent back to the supplier for any of a variety of reasons. You may be issued a credit of some kind simply because you've been a loyal customer, and a vendor wants to reward you. You might also get a rebate for an item you bought.
Bill & Pay - Free Trial: I
mproves cash flow, automates collections and reduces A/R time and costs.
Listen LiveSave the date to listen to the next "QB Bob" on the Radio, Wednesday, 9-20-17, at 8am. Listen Thursdays at 6:45am for Bob's quick QB Tips. (Link works best w/Internet Explorer)
QBox Free Trial - Share your QB or other files without remote access.
See You Soon!
The "QB Bob" Team
QBO in the Cloud! Call us to receive 50% off for your 1st Yr!
(Simple Start: $7.00, Essentials: $15, and Plus $20)
Work online wherever you want.
No need to sync to other devices.
No need to pass files back & forth.
It's safe and secure.
Call SBS today at 256-337-5200 for more details!
Get Paid and Save $$
Call us @ 256-337-5200 to learn about and join our referral program. You will love the benefits!
35%
Savings
Check supplies--35% Savings
Let us save you $$
Order by clicking here or call Jerie at 256-337-5200.
