How to Create a Vendor Refund*

Create a Vendor Credit memo

• See how to create a vendor credit memo here

From the Accounting Menu choose Payables, then Vendor Refund

• Fund Is the Fund that the monies is being refunded to
• Vendor = the vendor that is refunding money to the Brokerage
• Date = Transaction Date
• Reference = Cheque #
• Payment Method = Cheque
• Amount = amount of the cheque       

Applied Document Tab

• Apply to Vendor Credit Memo created above

Click Post

Scan and attach Documents if there are any.