How to record a refund from a vendor

Method 1:

1. Create a new Purchase invoice.
2. Record the amount of the refund on the invoice as a negative amount.
3. Process the invoice.
4. Create & process a new Payment.

Method 2:

1. Select Payments, Pay Expenses.
2. Select the vendor to record the refund.
3. Select the account, and then enter the amount to refund as a negative amount.
4. Then click Process.

Method 3:

• Make a general journal entry

Method 4: If you want to create a deposit slip later for the refund cheque

• Create a new customer called "xxxx Refund"
• Create a new sales invoice indicating the reference to the vendor and select the bank account and Cheque as the Payment Method

How to enter a Sales Invoice