I've followed a few instructions to process a refund from a vendor, and am still a bit stuck about what to do about the actual refund deposit transaction that has downloaded from the bank. Sure I am misunderstanding something and hoping someone might be able to help.

I have received a refund from a vendor that we overpaid, in the form of a check which we have deposited along with a few other checks. 

In QBO - I've created a Vendor credit for the refund amount, then created a deposit for that vendor set to accounts payable, and then used either Check/Expense/Pay Bills, to link the vendor credit to the deposit. That gives a zero balance transaction in the vendor expense account. But what would I do with my actual deposit transaction for the grouped checks including the actual vendor refund that has downloaded from our bank? Matches for the other checks in the bank deposit are coming up, but nothing comes up for the refund check.....