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Credit note are important to both parties as it shows the movements of the business if it is growing or not.
The seller delivers the credit note to the buyer following the return of the goods, which in this case have been damaged
Credit note
Accounting -> Credit note Credit note Credit note This document is a credit note. The seller delivers the credit note to the buyer following the return of the goods, which in this case have been damaged. The credit note duplicate is used by the seller (Alex) to record that this has happened in their sales returns journal. The buyer (Stewart Retail Stores) uses the credit note original to record the transaction in their purchases returns journal.
Credit note is the document sent by seller in the name of buyer mentioning that the returned goods have been deducted from the total sales.
i have received a credit note before.
What is a credit note?
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