Cloud accounting · VAT-ready · Built for UAE businesses
Cloud accounting · VAT-ready · Built for UAE businesses
VENDOR CREDITS
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.
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
THE VENDOR CREDIT WORKFLOW
A simple and clear workflow to manage every supplier adjustment from start to finish.
Goods returned, or adjustment agreed with the supplier
Supplier issues a credit note with details
Create credit in Books 365 and link to the bill
Apply to open bills or keep for future use
Supplier balance and reports update automatically
