Cloud accounting · VAT-ready · Built for UAE businesses

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VENDOR CREDITS

Keep Purchase Returns and Vendor Credits Accurate

Books 365 helps you record credits received from suppliers for returns, overcharges, cancellations, or billing corrections.

Keep each vendor credit linked with the right supplier, bill, tax details, and accounts payable balance.

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Book Demo

Record Purchase Adjustments Properly

Create a vendor credit without changing the original transaction and keep a clear audit trail.

Returned goods

Supplier overcharges

Cancelled items or services

Post-purchase discounts

Damaged or incorrect deliveries

Tax and pricing corrections

Vendor Credit Snapshot

Total Credits

AED 78,450

18.6% vs last month

Credits Applied

AED 45,250

57.7% of total

Available Credit

AED 33,200

42.3% remaining

Linked to Bills

23

This Month

THE VENDOR CREDIT WORKFLOW

From Return to Resolved Balance

A simple and clear workflow to manage every supplier adjustment from start to finish.

1. Return / Adjustment

Goods returned, or adjustment agreed with the supplier

2. Credit Note Received

Supplier issues a credit note with details

3. Record Vendor Credit

Create credit in Books 365 and link to the bill

4. Apply or Hold

Apply to open bills or keep for future use

5. Balance Updated

Supplier balance and reports update automatically