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.