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Buy nowHello there, Fernando.
I'm here to help you in recording those transactions.
You're already on the right track with entering the rebates. You only need a few more steps to complete the process. After the vendor sends you a refund for a bill that is already paid, you'll need to record it as a deposit in QuickBooks. Here's how:
After that, you'll have to record a bill credit for the refunded amount:
Once done, you can now link the deposit to the bill credit:
To learn more about this process, you can visit this link: Record a vendor refund.
With regard to the customer rebate, you can just create a credit memo or issue a refund check to record the returned transactions. In addition, here's an article that you can read to learn how to refund a credit card payment in QuickBooks Desktop: Void or refund customer payments.
Do you have any other questions in mind? Feel free to leave them below and I'll get back to you as soon as I can.