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How to enter refund from Accounts Payable Vendor in Vision

What needs to be done in Vision for a refund received from an Accounts Payable vendor for an overpayment? 

Resolution:  Two transactions need to be created: one an Accounts Payable voucher and the other, a cash receipt to nullify the effect.

A.  Steps for creating Accounts Payable voucher:

1. Create an Accounts Payable Voucher from transaction center.
2. Use the voucher lookup option to copy in the original voucher information.
3. Change the number in the Amount field to represent the amount of the refund from the vendor.  Enter this amount as a negative number.
4. Enter a second line and reference a holding account (usually a 100.00 or 200.00 level account).
5. Enter the amount of the refund as a positive number. The result is a net zero Accounts Payable voucher that credits (reduces) the expense and debits the holding account.

B.  Steps to create cash receipt transaction:

1. Create a cash receipt transaction.  
2. Reference the holding account that was used in the Accounts Payable Voucher transaction entry file and enter the amount of the refund as a positive number. The result is a cash receipt that debits (increases) the cash account and credits the holding account, thus clearing the balance in this account.