When you are raising an invoice, the default invoice type in the InvType field is Invoice.
However, other invoice types are also available:
| Write-Off |
These are used to write off time values. (This is not recommended as it tends to distort the true Profit / Loss picture.) Note: The value of the Write Off will default to the value that has been tagged and cannot be edited. |
| Fee Note | This behaves like a full Invoice, other than having FEE NOTE as header on billing document. |
| Provisional Invoice |
You need special access rights in your user profile in order to be able to edit an invoice after it has been posted. These rights are intended only for rare circumstances. So we recommended that you raise invoices initially as provisional invoices. This can subsequently be changed to a full Invoice/Fee Note when you have confirmed that it is correct. A Provisional Invoice does not affect the reported value in the WIP or Debtors tab, and is not included in the Aged WIP and Debtors listings. A separate report can be run to show Provisional Invoices.
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| Proforma Invoice |
This is used as a Non-VAT Invoice, i.e. it does not show your VAT No. A full Invoice /Fee Note is then issued to the Client on receipt of Payment. A Proforma Invoice does affect the reported value of WIP or Debtors. |
| Credit |
If you need to cancel an invoice after it has been posted, you need to create a credit note of equal value. This negates the effect of the invoice. (You can't delete a posted invoice.) |
| Deferred Revenue | Use this invoice type when you need to defer taking a profit or loss on the invoice amount. |