video1.0<iframe src="https://www.loom.com/embed/bfacc4490ca141da9fd9a71cd3b3e72f" frameborder="0" width="1662" height="1246" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12461662Loomhttps://www.loom.com12461662https://cdn.loom.com/sessions/thumbnails/bfacc4490ca141da9fd9a71cd3b3e72f-5d7f58b547b91719.gif234.048This Loom explains how to record a vendor refund or credit tied to a purchase order by creating a vendor refund against the correct vendor invoice. First, it advises confirming the last posted bill for PO PRI02-0002 in Accounting under Vendor Deposits and Invoices, noting that the refund should be processed against Project.PO (the vendor invoice) rather than the PO deposit. Then it walks through using the New tab to add an Invoice, entering PO PRI02-0002, a chosen invoice number like Refund, an accurate invoice date, selecting A check, and entering check number 0123456 and the refund date. Finally, it shows how to allocate the refund amount by changing the merchant account amount to a negative 150 when the item was costed at 154.96.