Reversal of bounced supplier payment

Reversal of bounced supplier payment

Hello,

I am wanting some help on how to handle a bounced SUPPLIER payment. It appears we made an error in the bank details for one of our suppliers and a payment was returned to us.

The bill is marked as paid. How do we reverse the payment and record the returned monies so that the bil will be re-opened for another payment to be made to the supplier?