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About receivable invoice types
|
Type |
Description |
|---|---|
|
1-Contract |
Use type 1-Contract when the invoice affects the billing for the contract. A receivable invoice assigned type 1-Contract increases the job balance, and a credit invoice with this type reduces the job balance. |
|
2-Memo |
Use type 2-Memo when the invoice does not affect the job billing for the contract. For example, when you enter a job deposit as a credit invoice, assign it 2-Memo so that the credit does not affect the invoiced to date amount. You can also use this type with bad debts. Entering a credit invoice assigned 2-Memo does not reduce the invoiced to date amount, but clears the debt. |