Credits List

The Credit List Report lists all the credits that have been applied to an account regardless of the method.

Businesses will apply a credit to a customer for multiple reasons, as part of applying the credit a Description is inputted. That Description along with the value, Billing Account, date and who created the credit is listed on this report.

If a customer pays an amount higher than the amount of the outstanding invoices, the remaining credit will be added to the Billing Account and listed on this report with a Description of 'Advance Payment Credit'.