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Credit Notes

10 June 2016 No Comment

“I need to issue a Credit Note. What should I do?”

A credit note is simply a negative invoice. It replicates the original invoice is almost every way except that the amounts and the figures are shown as negatives. The date on the Credit Note is normally the date you prepared it, unless there are compelling reasons to use a different date.

Use whatever the next number is (in your normal invoice number sequence) for the credit note. If your software forces you to use a different number sequence for credit notes, then we will live with that! We prefer a single number sequence if at all possible.


When your bookkeeping is done, and when your customer does their bookkeeping, the original invoice and the subsequent credit note will cancel each other out.