A Vendor Credit is a credit amount that is created for a particular Vendor in Accounts Payable. A Vendor Credit is then later applied directly against a Bill in the Pay Bills tab of the Cash Management module. This is different from an AP Credit, which is created as its own document for a particular Vendor, and that is never applied to a particular Bill.

Manage Vendor Credits from this page:

Add/Edit Vendor Credit

Enter all required fields and click submit. You can also click the down arrow next to the submit button and click 'Submit and New' to open a new blank Vendor to complete.

The following fields are available:

  • Type - Type of vendor credit
  • Amount - Total amount received
  • Description - Short text description
  • Number - Unique number for the receipt
  • Vendor - Vendor crediting
  • Ledger Account - Credit Side of the entry booked when this Vendor Credit is applied to a Bill.
  • Unapplied Credit Account - Account to post unapplied credit to. Only used if System Setting "Post Journal on Vendor Credit Creation(Unapplied Credit)" is enabled
  • Location - Location to post credit to
  • Currency - Currency of credit received
  • Receive Date - Date credit was received
  • Posting Date - Date to post journal entry on creation


  • Details - Click the Vendor Credit number to view its details. More information is available in this article: Vendor Credit Detail
  • Edit -  Update vendor credit
  • Void -  - Void vendor credit. 
  • Delete -  Delete this vendor credit
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