The outstanding invoices on date report can be used to generate a report of all invoices that were still open for payment on the given input date. An outstanding invoice is defined as not being paid and not being credited. This means that if an invoice was paid or credited after the input date, the invoice wil still show up as outstanding on that date.

If an invoice was credited before or on the input date for generating the report then the invoice will not be included in the report.

If an invoice was credited after the input date. Then the invoice will still be treated as outstanding and included in the report.

Yes. Currently Firmhouse only allows you to fully credit an invoice via the "credit invoice" feature. A partial refund/credit is usually created by manually creating a negative invoice for a lower amount than the original invoice. In this case there is not technical link between the original invoice and the partial credit invoice. Thus the original invoice will still be treated as outstanding.

Invoices with one of the following statuses is treated as outstanding:

Invoices that have been credited are not treated as outstanding.

Keep in mind that if an invoice was paid or credited after the input date for this report, they will still show up as outstanding as on the given input date they were still outstanding invoices.