What would I use a Credit Note and when would I apply a discount?
- Clio Web App
The Billing History, Invoice Payments, Accounts Receivable, and Revenue Report will show a section for Credit Notes. Currently none of our reports have columns for discounted amounts.
A Credit note in Clio is considered a write-off and is usually applied to a bill when the firm does not think they will be getting paid for that amount. A discount is usually applied to a bill because the firm wants to take off a portion of the bill for their client.