If you import from overseas, order custom tooling, or pay any supplier a deposit before production starts, you already know the awkward gap: the cash leaves your account weeks before a bill exists, and SKU had nowhere to put it. Until now that money lived in a spreadsheet or got hacked in as a negative bill line — which quietly corrupts your costs. Vendor Deposits closes the gap. It's a new first-class document that lets you record a prepayment, pay it, track it against the purchase order, and automatically net it off the supplier's bill when it finally lands.

When a supplier issues a credit — for returned goods, a pricing correction, a damaged shipment, or a volume rebate — where does it go? Until now, the honest answer was usually a spreadsheet, or a manual journal entry in QuickBooks that SKU never saw. There was no record tying the credit back to the original purchase order, no way to apply it against a future bill, and no clean reversal of inventory cost. Vendor Credits changes that: a supplier credit is now a proper document in SKU, with a full lifecycle, that you can apply to bills, reconcile, and sync to your accounting platform.