How To Deposit a Vendor Refund Check

If you have received a check from a Vendor for an Overpayment/Refund this will need to be entered through the Payment Processing module using the Company/House Account.

AP Vendor Account

Go to the Vendor Account that you received the check from and click on Bills.

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Open the Bill that is referenced on the Refund Check and find the GL Account that was used.

This GL Account will be used when creating the Deposit.

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Payment Processing

Go to Payment Processing and click on “New” to create a Deposit.

Enter the Batch Information: Date, Description and Amount.

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Open the Batch and enter your Company’s House Account Customer Number. (If you do not have a Company House Account, reference “How to Create a Company House Account” KB Article.)

Enter the Check Amount and Check Number.

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Select the “Other” Tab.

Select the “Miscellaneous” box.

Enter the GL Account that was used on the Vendor Bill, Category and Amount.

You can also enter a memo if needed to reference what the check is for.

Click Save.

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Complete the Deposit process as normal.

Enter the Deposit Date, Branch, Bank Account and enter a Description of the Deposit if needed