Credit Invoice

  1. Go to the invoice you want to credit via the section Invoice
  2. From Invoices, select the invoice to credit 

Or

  1. Go to the invoice you want to credit via the heading Accounts
  2. From Accounts, choose the account with the invoice
  3. On the account, go to the Invoice overview, and choose the invoice to credit

How to create a credit

  1. On the invoice overview press the Credit Invoice button
  2. Choose invoice lines to credit by checking the box next to it OR press the upper checkbox to pick all lines to credit
  3. Set the date for the credit invoice
  4. Press Create Credit (this will make a credit invoice draft)
  5. When the confirmation box pops up, press Yes to proceed
  6. Press Post to post the credit invoice

 

Please note: Younium is subscription management system, any changes or discount made to the order must be done on the order and the credit invoice will subsequently be created. Credit a invoice manually will not update the KPI:s under the insight section.

 

Balancing receivables when posting credit invoice

When posting a credit invoice you can choose to match the receivables for the two invoice this will eliminate the issue of having two open amounts in receivables report.

The functionality is enabled under Settings > Invoices > Invoice Settings > "Enable payment matching of debit invoice when posting credit"

 

Directly when selecting "Post" on the credit invoice you get a dialog asking you if you want to match the two invoices (original invoice and newly created credit).

 

Technically the balancing creates two payments (of the same amount, one positive and one negative) and post it to each of the original invoice and the credit invoice. In the dialog you can chose what account to use for the balancing, there will be a debit and credit posting on the same amount on the financial account in the end. 

 

Walkthrough of full flow of crediting an invoice and match the receivables:

  1. Select a invoice to credit
  2. In the top menu press Credit invoice
  3. Select the Invoice lines to credit and set a credit invoice date and press create Create credit
  4. Post the credit invoice by pressing the Post button

Confirm to balance the balance the receivables for the original debit invoice and the new credit invoice by pressing Yes button in the Post credit invoice window. 

 

After this, both the original invoice and the credit invoice have status settled and receivables is 0.