QB Issue Resolution:

1 person found this helpful

You should get an accounting of your open balance from your vendor to determine that.  If you need to zero it out because it was entered in error, create a bill in this fiscal year  & apply the credit to clear it.

Resolution for Issue 'Can i delete a vendor credit from two years ago?' available: Yes (Solved).
Source: Intuit Community forum.

Can i delete a vendor credit from two years ago?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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