Question

what is credit note ? write the advantage and disadvantage of credit note.​

Answer 1

Answer:

A credit note is issued to reduce the amount of money in the invoice. It is issued when a customer returns goods that had already been invoiced, it can be issued to capture a discount that was previously omitted or just to correct an overstated invoice.

Answer 2

A credit note is issued to reduce the amount of money in the invoice. It is issued when a customer returns goods that had already been invoiced, it can be issued to capture a discount that was previously omitted or just to correct an overstated invoice.