Does credit affect overall income?

[echoleaf]

Hi all,

 

I'm trying to figure out how providing a customer with credit affects things (if at all). Here's my real world example:

 

1. Client paid initial invoice of $1000 to start project

2. Client sends $750 unexpectedly (no invoice involved)

3. Client wants invoice with total hours worked

 

So can I give the client a credit of $1750, then send a final invoice for the total cost of the project? Or would that muck up my earnings totals by adding a phantom $1750?

 

thanks!