Sometimes you may need to correct an invoice. For example, because the amount is incorrect, or because there were other agreements with the client, maybe other information is incorrect or because the amount has been waived.
To keep your records correct, you can rectify this with a credit invoice: the amounts on this invoice have a - sign in front of them. So don't delete the invoice you sent earlier.
How to do it?
- Create a new invoice as usual
- Put in the description that it's a credit invoice. Example: Credit invoice for invoice 2021-057
- Put the negative amounts on the invoice. Example: Instead of € 300, enter € -300.
- You send the credit invoice to the client and this way you automatically register it in your sales/revenue administration.
- You can then, if necessary, make a new invoice with the correct details.