Manage supplier credits

A supplier credit is value the supplier owes you back — a rebate, an overcharge, or a goodwill adjustment. Record it, post it, then apply it to open bills to reduce what you pay.

Intermediate3 steps~3 min

Create the credit.

From Accounts Payable, open Supplier credits and choose "New". Pick the supplier and add a line for each credited amount.

Submit and post the credit.

Submit the credit for review, then post it. A posted credit carries an available balance you can apply.

Apply it to a bill.

Apply the credit to an open bill — fully or in part. The bill’s balance drops and the credit’s available amount reduces accordingly.