Definition
In the accounting sense, a credit note is understood as a reverse invoice. This is also often referred to as an invoice correction.
A credit note is, unlike an invoice, issued by the recipient of the service.
Mandatory Information for a Credit Note
- Title -> Credit Note
- Address of the service recipient and service provider
- Tax number and VAT ID of the service provider
- Document number and date
- Delivery or service date
- Line items with prices and quantities
- Total amount
- Tax rates of the line items
- Tax rate and amount