Business accounting can cause headaches for a variety of reasons but, if done right, issuing credits to your customers does not have to be one of the causes. Credit memos are a simple way of adjusting ...

A credit memo may be issued by a vendor because the University returned goods that were ordered and received unsatisfactory, due to pricing discrepancies or any other reasons. Credit memo is a ...

QuickBooks uses credit memos when a customer gets a refund for a product or service and receives store credit. These credits appear in the Accounts Receivable register within the Customer Center.

What Is a Note Issuance Facility (NIF)? A note issuance facility (NIF) is a credit arrangement usually provided by a syndicate of commercial banks. Its structure can be used for all kinds of ...

If you have an unused credit note from a package holiday that was cancelled due to the pandemic, you should redeem it or cash it in by the end of today (30 September 2022). If you don't you risk ...

The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...

What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It is similar to an invoice, which contains information about a sale, but ...