Offset vendor credit against vendor invoice

Good day, lsefcik.

You can use the vendor credit as payment to your vendor's open bill. 

To apply the existing credit to an open vendor transaction, use the Pay Bill feature. Here’s how:

1. In the left menu, click the + New button.
2. Select Pay Bills.
3. Choose the vendor from the list.
4. Once selected, the vendor's existing credit populates on the Credit Applied column.
5. Hit Save and close to apply the credit to the vendor open balance.

You may also follow below another step to use the vendor credit as payment for an open bill:

1. Locate and open the bill you want to pay.
2. Click the Make as paid button.
3. In the Bill Payment window, the bill is marked in the Outstanding Transactions section.
4. Go to the Credits section and mark the vendor credit.
5. Hit Save and close.

To know more about vendor credits, take a look at this article: Enter a credit from a vendor. 

You may also find this helpful: Enter and pay bills. 

Let me know if you have any other questions concerning QuickBooks. I’m always here to help. Have a nice day!