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Invoice Item Settlement

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The Advanced AR Settlement feature is in Limited Availability. This feature includes Unapplied Payments, Credit and Debit Memo, and Invoice Item Settlement. If you wish to have access to the feature, submit a request at Zuora Global Support

The Invoice Item Settlement feature allows all the following settlement transactions at the item level:

  • Payments
  • Refunds
  • Credit memos

To apply the payments and refunds at the line-item level, you must have Invoice Item Settlement enabled. Invoice Item Settlement is in Limited Availability and it must be used together with other Advanced AR Settlement features (Unapplied Payments, and Credit and Debit memos). If you wish to have access to the feature, submit a request at Zuora Global Support

Invoice Item Settlement allows you to explicitly specify how payments and credit memos are applied at the item-level on invoices or debit memos. You can then track precisely how outstanding balances are settled for every billed item. Without this feature, payments and credits are applied only at the document header level and allocated automatically across items. In the case of partial payments or settlement by different types of transactions, the system uses this automated mechanism to settle item-level balances. 

Key Features

You can do the following operations at the line-item level from Zuora UI and REST API:

  • Apply credit memo items to invoice items and debit memo items (REST API only)
  • Unapply credit memo items from invoice items and debit memo items (REST API only)
  • Retrieve credit memo of a specific part item or all part items (REST API only)
  • Finance integration with invoice item settlement
  • To perform the following operations, you must have Invoice Item Settlement enabled. Invoice Item Settlement is in Limited Availability. If you wish to have access to the feature, submit a request at Zuora Global Support
    • Create payments on invoice items and debit memo items (REST API only) 
    • Apply unapplied payments to invoice items and debit memo items  (UI and REST API) 
    • Unapply payments from invoice items and debit memo items (UI and REST API) 
    • Retrieve payments of a specific part item or all part items (REST API only) 
    • Refund on credit memo items (REST API only) 
    • Retrieve refunds of a specific part item or all part items (REST API only) 
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