Overpaid Vendor Transaction

Dec 10, 2008 2 Replies

QB 2008 Pro



Suppose I overpaid a vendor in October by $25.00 on a particular invoice. In other words, the previously entered invoice was #2222 for $50.00, but I mistakenly entered and issued the vendor check for $75.00. So I effectively now have a credit with this vendor of $25.00



But when I go to the next month, I don't see the credit showing up anywhere. In other words, if I have entered a new invoice for $100.00, QB wants me to pay it with a check for $100.00, and no credit.



I must have missed a step. Please advise.


It appears that you entered the 75.00 payment as a check when you should have recorded it as a bill payment.

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