Line Credit Note With Credit Card
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You can send it by email, mail, or any other method that you and your customer agree on. You should also keep a copy of the credit note for your own records and accounting purposes. You should attach the credit note to the original invoice and update your books ingly.
Format and contents of a credit note There is no prescribed credit note format under any law, but the supplier must contain the below information in a credit note. Below are the contents of a credit note: Name of business, address and GSTIN of the supplier. Type of document, whether debit note or credit note.
What is a credit note? A credit note is a paper or electronic note issued by a business to a customer in place of a refund. A credit note acts like a voucher that can only be used for the particular shop, chain of shops or business that issued the credit note.
Here's the essential information to include on all credit notes: The words ?credit note? at the top. Customer information. Your business information. Date issued. Credit note number. Original invoice reference number. Item descriptions, quantities, and prices. Total amount credited.
Steps to create a credit note Choose the credit note template to be used. Update the business logo. Input the date of issue of credit note and unique credit note number. Add the invoice reference number against which the credit note is issued. Add the GSTIN of the supplier and customer along with the place of supply.