Record a Vendor refund check
A vendor credit can be associated with a bank deposit for a refund check from the vendor. After the vendor credit is created, you will first record the deposit, and then associate the deposit with the vendor credit.
1. To record the deposit, navigate to Transactions > Bank > Make Deposits 2. Select the bank account you are depositing to. 3. On the Deposits subtab, click the Other Deposits subtab 4. Enter the vendor name and amount. 5. Enter the A/P account referenced on the vendor credit (21110 Accounts Payable : Accounts Payable - Third Party). 6. Click Save. 7. To associate the vendor credit and the deposit, perform the following: 8. Transactions > Payables > Pay Single Vendor 9. In the Payee field, choose the name of the payee. 10. The bill credit and the deposit appear in the list at the bottom of the page. 11. In the Account field, choose the account in which you deposited the vendor's refund check. 12. Click the Apply subtab. 13. Check the boxes in the Apply column next to the bill credit and the deposit. 14. Click Save. 15. Now the vendor credit and the deposit of the refund check are associated in NetSuite.