QuickBook Online Section 5 - Supporting Small Business Clients

Vendor credits are designed to account for returns of products purchased on account.

When a vendor credit is recorded by a QuickBooks Online user, what are 2 ways to use the vendor credit?

(Select the two best choices that apply)

• Apply it to an existing bill

• Apply it to an invoice

• Apply it to a bill that has been paid

• Hold on to it and apply it to a future bill

• Apply it to a credit memo