credit note
Merchant's IOU document
A credit note is a document issued by a seller to a buyer, reducing the amount owed.
It typically arises when goods are returned, damaged, or overcharged: The store issued a credit note for the defective merchandise.
The amount can be applied to future purchases or, in some cases, refunded.
Also called a credit memo.
Money returned after purchase
- returnGo back again
- overpaymentAmount paid exceeding debt
- overchargeDemand excessive payment
- damaged goodsItems unfit for full price
defective product · pricing error · cancellation · warranty claim
Itemized billing statement
- adjustmentAlteration to improve fit
- ledgerFinancial record book
- journal entryDated record in diary
- accounts receivableDebts owed to business
balance sheet · general ledger · double entry · posting · reconciliation · write-off · reversal · accounts payable
Redeemable certificate for value
- issue dateWhen something was released
- itemizationCataloging into distinct entries
- amountTotal quantity present
- descriptionAccount of characteristics
authorization · signature · serial number · terms · supporting documentation · receipt · memorandum · counterfoil
Alteration to improve fit
- offsetCompensate by opposing force
- outstanding balanceSum still due
- carryforwardBalance moved to future
- redemptionRecovery or moral restoration
refund
Money returned after purchase
- returnGo back again
- overpaymentAmount paid exceeding debt
- overchargeDemand excessive payment
damaged goods · defective product · pricing error · cancellation · warranty claim
invoice
Itemized billing statement
- adjustmentAlteration to improve fit
- ledgerFinancial record book
- journal entryDated record in diary
accounts receivable · balance sheet · general ledger · double entry · posting · reconciliation · write-off · reversal · accounts payable · trial balance
voucher
Redeemable certificate for value
- issue dateWhen something was released
- itemizationCataloging into distinct entries
- amountTotal quantity present
description · authorization · signature · serial number · terms · supporting documentation · receipt · memorandum · counterfoil · triplicate
adjustment
Alteration to improve fit
- offsetCompensate by opposing force
- outstanding balanceSum still due
- carryforwardBalance moved to future
- Invoicinge-invoice, invoice number, invoice template, line items, due date
- discountsdiscount, coupon, coupons, promo code, coupon code
- office communicationemail, memo, memorandum, letter, meeting
- notesmemo, reminder, to-do list, memo pad, scratch pad
- billingbilling, bill, invoices, payment, invoicing
- business documentsarticles of incorporation, invoice, charter, bylaws, contract
credit notedebit note
Notice of amount owed
invoice · bill · debit memo · sales invoice · charge
note, credit, discredit, credentials, credited, credence, accredit, creditor, accredited