Handle a customer credit or overpayment in QuickBooks Online If a customer pays you and you don't have any outstanding invoices, you can save the payment as a credit for later Go to Sales and select Customers Select the customer you want to assign the credit to
Handle an overpayment - Intuit If a customer sends you more money than they owe, there will be an amount left over (a credit amount) on the Receive Payment page when you apply the payment to invoices You can: Write a refund check to the customer How?
Issue Overpayment Refund in QuickBooks Desktop - AccuraBooks Go to your menu Banking>Write Checks Choose the appropriate bank account Choose the appropriate check number and date Choose this same customer in the “Pay To The Order Of” field Fill in the amount of the overpayment (credit balance) you wish to refund
QBO: Applying a credit memo, credit or refund for a customer. This option will allow you to provide a refund when a customer overpays and you want to give the customer money back (cash or a check) for the amount overpaid You may either use the Check or Expense screen found under the Plus Sign Icon , to record the refund
Issuing Credit Memos and Refunds in QuickBooks Did you know you can create a credit memo in QuickBooks, and you can refund a customer’s money, apply it to an invoice, or keep it in the customer’s account? Find out how here If a customer overpays you, QuickBooks can help you deal with the difference
Credit Memos and Refunds in QuickBooks There are three ways to deal with the credit: Retain the funds in the customer’s account as an available credit Issue a refund via check, credit card, or cash, depending on how the purchase was originally paid for Apply the amount to one of the customer’s open invoices
We have a customer that has a credit balance on his . . . - QuickBooks To zero out the credit or the customer balance, I suggest recording a check in QuickBooks Online Using Check or Expense to record the refund reduces your bank's balance and offsets the customer's open credit, overpayment or prepayment
How to Adjust the Credit Balance in QuickBooks - Chron. com When a customer returns an item, apply a credit memo to her account If you need to adjust the credit balance in a customer's account, you have to use a different process depending on
refunding customer credit balances from closed year : r QuickBooks - Reddit I have a customer who overpaid an invoice last year At the time she wanted us to leave it as a credit, but now she wants a refund check If the payment had not been from a previous year I would have simply edited the payment so that the overpayment is refunded Any help is appreciated
Issuing Credit Memos and Refunds in Quickbooks - Squire If a customer overpays you, you can use QuickBooks’ built-in tools to credit their account You can also issue refunds through the Write Checks window, but this is a more complicated procedure It’s easier to process a credit memo