Credit notes are used to reduce the amount your client owes you, or that you owe a supplier, and to adjust stock holder levels for returned inventory items.
Credit notes may be created against a specific invoice or purchase order, or against the client or supplier for allocation to future invoices or purchase orders. Refunds may be recorded as a payment against the credit note.
Allocate credits to a single invoice/order or across multiple invoices/orders
Record credit payments (refunds) against credit notes
Keep track of all your client and supplier credits via the ServiceTrack menu