What is a Credit Note?

[@kittytoh3]

I have been watching these videos for a week. It is very helpful and informative !!

[@texcellency]

Explanation was short and to the point! Excellent video! Thank you. This was really helpful.

[@mark-and-trina]

Thanks!

[@Godsproject92]

I'm here tonight because someone is not doing their job and I can't keep making excuses for him; I'm actually out of excuses.....lol. Thank you for this informative video.

[@heroicwhisper]

Excellent description of a credit note and it’s uses.

[@poonamtambe6605]

Very Nicely explained sir in representational way similarly can you make on Debit note

[@jaydenzackery2706]

What about warranty claim?

[@ngchuhui]

this is informative and makes me understand! thank you!!

[@mark-and-trina]

You're so welcome!

[@sjsorganiccentreforexcelle6450]

well explained !!

[@mark-and-trina]

Thank you!

[@udaykolli284]

I paid xx dollars to one institution .I got mail that they given me full value credit note .how can i get those to my account

[@kojoamevor9074]

Can we say credit note is an amended invoice?

[@mark-and-trina]

A credit note is technically a separate document to an invoice. You can have an unallocated credit note sitting in your accounting system that has not yet been allocated to a credit note. An amended invoice is more like if you need to make a tiny change to an invoice so you make the change a reissue it without using a credit note.

[@DamnedConservative]

If the customer hasn't paid and the invoice is cancelled, why do I need to send a CN? Can I just void the invoice

[@mark-and-trina]

Yes you can if you like.

[@salioucisse3504]

Base on my experience if even you voided an invoice but still have to issue CN to close the written-off or voided invoice...

[@euddymoloto1926]

Hi, Can I create a crediyt note for example: When I get a purchase order but I have one thing in stock but do not have the other in stock. Can I create a tax invoice for the 2 items separately and then make a credit note for the item I do not have in stock and write a note that I am awaituing stock and then chage the credit note once I havce the item in stock?

[@firasajeel968]

worthy info ... Thank you

[@ChrisBrown-gf4of]

Does a credit memo ever expire?

[@tong466]

Why don't they just erase it and issue new invoice?

[@Ron_Lombok]

Debit notes

[@mark-and-trina]

Coming soon