Functions in Payments Made

Let us take a look at some of the functions that can be performed in the Payments Made module.

Record Refund for an Advance Payment Made to a Vendor

If you’ve made an advance payment to a vendor and the vendor refunds a part or the entire advance payment, you can record the refund in Zoho Books. Here’s how:

Go to Purchases on the left sidebar and select Payments Made.
Select the advance payment that you have recorded for the vendor.
Click the More icon at the top of the page and select Refund.

Enter the amount that the vendor refunded and select the account which tracks the refund.
Click Save.

When you record a refund for a part of the advance payment, the remaining amount will still be available to apply across the vendor’s outstanding bills.

To view the refunds that you have recorded:

Go to Purchases on the left sidebar and select Payments Made.
Select the payment for which you have recorded a refund.
Click Refund History in the payment’s Details page.
From here, you can Edit or Delete the refund by hovering over it and selecting the desired action.

Next >
Manage Payments Made

Related

Was this document helpful?

Yes

Let us know where we can improve

By clicking Submit, you agree to our Privacy Policy .

Thank you for your feedback!

Want a feature?

Suggest