When a customer return goods to the seller due to any reason, the seller must issue credit note to the customer to adjust account accordingly. Once a credit note has been received by customer, its mean the customer will not liable to pay the full invoice amount.Ĭredit memo and credit note are one same thing and used for customer account settlement as well as to let them know about the matter. Sometimes, seller or company refunds the mentioned amount to customer and often settle customer account by crediting the value in account. Damaged goods or purchase cancellation can also cause issuance of a credit note from seller. There can be lots of reasons to issue a credit note to buyer and one of them is lower amount than original invoice. Get our insights.A useful document that allows seller to settle the customer account in the event or invoice error is usually named as credit note. You have now successfully imported a Credit Memo and applied it to a Sales Invoice! If you would like more information about NetSuite or would like to speak with someone about this tip, please contact us at any time! You can also learn about more great tips for NetSuite on our YouTube playlist or our other blog posts.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |