Hi @michella,

Yes, you can apply the credit to your next invoice. Let me guide how.

1. Create an invoice by going to + New, then Invoice.
2. Enter the invoice information. Hit Save and close.
3. Go to + New, then Receive payment and mark the invoice.
4. Scroll down towards the Credits section and select the credit memo.
5. Hit Save and close.

Please see this article for more information about: Enter and apply credit memos and delayed credits in QuickBooks Online. You'll also know how to automatically apply credit memos to your invoices in the attached article.

I'm attaching our page about payments for additional resources.

Reach out to us anytime if you have other questions or concerns. The Community is here to help. Thanks for posting and have a wonderful day.