Reckon Accounts Desktop: Recording Credits and Refunds from Suppliers

Legacy KB ID: 161

Question

How do I apply credits and refunds received from suppliers?

Answer

To apply a Credit, you must first create it from the Enter Bills section.

To do this, you can do the following:

  1. Select Enter Bills
  2. In Enter Bills, select the Credit option.
  3. Create the credit with the items and the amount that will be discounted or refunded.

When you want to pay a bill to that supplier, choose Pay Bills. In the Pay Bills window, select "Credits", and tick the Credit.

Reckon will apply the credit to the bill, and reduces the amount you owe.

In the Pay Bills window, change the Sort Bills By option to Supplier in order to group transactions to the same supplier.

Need more help? Reach out to us on the Reckon Community: https://community.reckon.com/

How did we do?

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Reckon Accounts Desktop: File locations

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