Quote from David Waldmann on 09/22/05 at 02:44:35:I don't know if it's the right way, but this is how I've done it.
Enter an AP-B voucher to the vendor, using whatever GL account(s) originally used for the item returned. Then enter a cash receipt to your bank account (in GL-B) using the same account(s).
To reconcile, you have to "Pay" the vendor by selecting invoices/vouchers in AP-F. If you select just the credit and voucher a 0.00 check with *VOID* on it will print.
Quote from Lynn_Pantic on 07/10/15 at 14:56:43:I ……. If you are receiving a check from a vendor, there must be a credit on their account in your AP Aging that the refund is paying off so you have to process through AP. You record the receipt of cash in GL-B as a cash receipt, debiting cash and posting the credit to any miscellaneous account. Then in AP-B enter a voucher posting the debit to the same expense account so they cancel out. Then use AP-F and pick the credit and voucher and process a $0 ePay. We will look into a less clumsy approach.
I successfully entered a Vendor Refund check by following the above instructions. I confirmed this was correct by printing Journal GL-D with the vendors code and date range. (note the GL-B code must also be the vendor code) yay! yay!
Thanks Everyone!!!
p.s. It is okay to resurrect
an old thread from 2005! tag: how to enter a Vendor refund check
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Vendor Refund (Read 993 times)
