Bulk update credit memo objects. The maximum number of objects you can set in a bulk operation is 100.
Warning: All credit memo line item details are overwritten with an update operation. When you update a credit memo detail, enter all existing credit memo line item details.
What is a credit memo?
A credit memo is an adjustment on the amount owed on a customer invoice. Credit memos for a range of reasons, such as not enough stock or returned merchandise. BILL provides a credit memo template with a header and content body.
You can create a credit memo with /Crud/Create/CreditMemo.json
. In the credit memo, add credit memo line items to record credit details at a granular level.
exchangeRate
is a required additional field for creating a credit memo for an international customer. In addition, each credit memo line item amount is in the foreign currency. Retrieve the current exchange rate with /GetDynamicExchangeRateQuote2.json
.
Note: You can apply credit memos to invoices and make changes to the default credit memo template only with the BILL web app. On the Settings page, click Email Templates under Receivables to view and edit the current credit memo template.
Line item price, markups, & discounts
In your request, either price
or percentage (ratePercent
) is required for each creditMemoLineItems
object. If you set one, do not set the other.
- If
price
is set,amount
is (quantity
) x (price
). - If
ratePercent
is set for a line item, the line itemamount
is (ratePercent
) x (sum of other line itemamount
values). For example, to apply a discount of 20% in your invoice total of $100, setratePercent
as-20
in the final line item of your request.