Credit notes 2.0

One of our most requested features has been the ability to raise a credit note directly against a customer or supplier account.  We’ve delayed for a while delivering on this so that we could take some time to extend our accounting engine to support this and a lot of other future features we have on our roadmap.

As of yesterday, you can now raise a credit note directly against a customer or supplier account and you will be prompted to apply it to any outstanding invoices, or you can carry it as a credit until the next invoice you raise.

We’ve also made some improvements to our Accounts Receivable dashboard and to all reports that include credit notes. You can read the full release notes here.

This is an exciting release for us as even though we’ve kept the changes to a minimum, we’ve set up the accounting engine for the next 12 months of features that we’ll be delivering like foreign currency invoices and bank accounts.

As you’d expect, raising and applying credit notes is as simple as working with invoices – here’s a quick walkthrough.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

7 business apps to take to the beach

Summer has finally arrived in the UK and Brits all over the place are no doubt collectively yearning for a beach holiday. But for small business owners, that heady feeling of freedom is often replaced by worry at the prospect of leaving their business at such a critical time. A OnePoll survey conducted on behalf ...

Payroll for Maryland and Tennessee

Following on from the release of Colorado and Indiana, we’re pleased to announce the availability of Xero Payroll to businesses located in Maryland and Tennessee. Small businesses represent over 97.5 percent of all employers in Maryland and Tennessee. By bringing seamless accounting and payroll to these small businesses we’re helping tackle the complexity of payroll. ...