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Results of Credit Memo Application
After posted invoices are generated, credits are applied based on the credit application level.
Required Editions
| Available in: Lightning Experience |
| Available in: Enterprise, Performance, Unlimited, and Developer Editions with the Revenue Cloud Advanced license or the Revenue Cloud Billing license |
Applying a credit memo or credit memo line reduces the balance of an invoice or an invoice line. For example, applying a $100 credit memo line to a $500 invoice line reduces the invoice line’s balance to $400.
After the credits are applied, the balance amounts and applied credit amounts are automatically updated as shown in this table.
| Credit Application Level | Updated Credit Fields | Updated Invoice Fields | New Record |
|---|---|---|---|
| Invoice | Credit Memo fields:
|
Invoice fields:
|
Credit Memo Invoice Application record |
| Invoice Line | Credit Memo Line fields:
Credit Memo fields:
|
Invoice Line fields:
Invoice fields:
|
Credit Memo Line Invoice Line record |
See Also
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