Question 6

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 all 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