AWS introduced configurable automatic credit memo application preferences in its Billing and Cost Management console, letting customers choose how credit balances apply to invoices. Options include applying credit memos to the original invoice, the next eligible invoice, the oldest unpaid invoice, or combinations thereof. By default, credit memos apply first to the original invoice and then to subsequent invoices unless customized.
This feature streamlines matching credits to payment processes, reducing manual reconciliation efforts. It is available in all AWS commercial regions and requires no additional setup beyond preference selection on the Payment Preferences page, enhancing flexibility in managing AWS billing credits.
Source & further reading
AWS now supports automatic credit memo application preferences ↗Source published 2026-07-23. This report was prepared with AI assistance from the linked primary-source material. Claims and limitations should be checked against the original announcement or research.