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 - The Vendor being credited
  • 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. (Note: Only used if System Setting "Post Journal on Vendor Credit Creation" 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.


Individual Vendor Credit Actions

  • Details - Click the Vendor Credit number to view its details.
  • Edit - Update Vendor Credit.
  • Void - - Void Vendor Credit.
  • Delete - Delete Vendor Credit.

Vendor Credit Table Actions

  • Filters - Filter what appears in the table based on one or more fields available in the table.
  • Saved Views - You can create a set of filters that you would like to save to be able to quickly filter a table.
  • Column Selector - Hide and reveal extra columns and the number of rows visible in the table per page.
  • Export - Table data can be exported using the export button at the top of the table.