Credit notes

For firms that bill in BMS

This applies when your firm raises its invoices in BMS. A firm whose money lives in MYOB AE raises its bills in MYOB AE; see How billing works when MYOB AE holds the money.

1. Open the invoice and choose Create Credit Note from the … menu.

2. Choose the Lines to credit, and what happens to the work:

   • Write off the amount, or
   • Return the work and time to unbilled, to bill it again later.

3. Save, then Post the credit note.

A credit note.

Any credit not used on the invoice stays as Remaining, and can be applied to another of the client’s invoices.