You will be able to edit and validate this credit note directly or keep it draft, waiting for the document to be issued by your supplier/customer.

Use this option if you want to cancel an invoice you should not have issued. The credit note will be created, validated and reconciled with the invoice. You will not be able to modify the credit note.

Use this option if you want to cancel an invoice and create a new one. The credit note will be created, validated and reconciled with the current invoice. A new, draft, invoice will be created so that you can edit it.