Fair point. I may have confused terms from QBO's point of view.

The Vendor issues me a Credit Memo, which I must enter as a Vendor Credit into QuickBooks.

There are multiple ways a Credit can show up on a Vendor Account:

- Vendor Credit (which is a result of a vendor issuing my company a Credit Memo)

- Overpayment

- Etc

My question remains unanswered:

Why can't I apply a Vendor Credit to an unpaid balance to that same vendor, if the Credit and Balance due are the same?