Invoicing glossary
Credit note
A credit note is a document that reduces the amount a customer owes, used to correct or refund part or all of an invoice.
Credit note: a clear definition
If you overcharged, a client returned something, or you agreed a discount after invoicing, you issue a credit note rather than editing the original invoice — that keeps your records accurate and auditable. The credit can be refunded or applied against a future invoice.
Credit note in Invco
Not as a separate document. Invco creates invoices only, so issue credit notes from your accounting software. Invco can export all your invoices to CSV so your accountant has the full record.
Invco is invoicing software for people who run more than one company. Design your own invoice template or upload your existing invoice PDF, and Invco calculates subtotals, tax and totals, numbers each invoice sequentially and emails it as a branded PDF from your own address. Plans from $10/month.
Frequently asked questions
What is credit note?
A credit note is a document that reduces the amount a customer owes, used to correct or refund part or all of an invoice.
Can I issue a credit note in Invco?
Not as a separate document. Invco creates invoices only, so issue credit notes from your accounting software. Invco can export all your invoices to CSV so your accountant has the full record.
What is discount?
A discount is a reduction applied to an invoice, either as a percentage or a fixed amount off the subtotal.
Invoice the easy way with Invco
Design your invoice template, send branded PDFs from your own email address, and see what's paid and overdue for every company. Plans from $10/month, with a full refund within 7 days.
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