Question

When a vendor credit is recorded by a quickbooks online user, what are 2 ways to use the vendor credit?​

Answer 1

In QuickBooks Online (QBO), you enter a vendor credit to record returns to vendors or refunds from vendors. A vendor might supply you with a credit document that indicates you no longer owe the amount stated on the document, or the vendor might issue a refund check to you.

Explanation:

• If a vendor issues a credit document, you enter a vendor credit and then apply it when you pay the vendor’s bill. If a vendor issues a refund check to you, you still enter a vendor credit, but you also enter a deposit and then link the deposit to the refund check.

• Here's how you can pay your bills using your vendor credit:

Click on the Plus sign (+) icon, then choose Check.

Select the vendor.

Under Add to Check, add the Bill and Vendor Credit.

Click Save and close.

Answer 2

Following are the ways to used  the vendor credit is given below

Explanation:

• If the vendor issues the credit file then enter the details the vendor credit and then apply it when you pay the vendor’s bill.
• Press on a icon with the + sign, then select Verify.  

 Choose the vendor. and Place the Bill and Vendor Credit into Add to     Check. option  

 Click the Save button  then choose the close option .

Learn More :

• brainly.in/question/17734638