Enable this option to apply the receipt from open credits or as a discount to the invoice.

 

•A single credits/discount payment may be applied to several invoices.

 

•When credit memos are applied to an account, a check/reference number is not required.

 

•When credit/discount payments are applied, the open credits amount will be reduced until it reaches 0.00.

 

 

If a customer had an open credit of 5.64 and a credit/discount of 5.00 was applied to an invoice, the open credit amount will be reduced to 0.64.

 

If a customer had an open credit of 5.64 and a credit/discount of 6.00 was applied to an invoice, the open credit amount will be reduced to 0.00 and 0.36 would be applied as a discount.