Important Note From Credit

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Posted on February 28, 2019 at 04:19 AM

Reviewed by on Tuesday March 26 2019 Admin 9 out of 10 based on 500 user ratings
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Recent Posts For Important Note From Credit

What Are Credit Notes & Debit Notes Under GST?
Similar to the debit notes, credit notes are issued when there is a downward revision in prices of goods or services supplied. It can be compared to a negative invoice that has the ability to nullify the effects of an invoice. It offers a reduction in the value of the invoice and thus, reduces the liability of the purchaser.
What is a Credit Note? - AccountingCapital
Credit Note. A credit note is a document sent by a seller to its buyer or, in other words, a vendor to the customer, notifying that a credit has been provided to their account against the goods returned by the buyer. It reduces the amount due to be paid by the customer, (if the amount due is Nil) then it allows further purchases in lieu...
What is the importance of a credit note - answers.com
A credit note is issued instead of a refund in the case of the goods being faulty. If a customer buys something from a retailer, and the item is defective, they have the right to return it.

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