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27 June, 08:45

What is credit note and invoice received?

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  1. 27 June, 09:45
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    Credit note

    A credit note or credit memorandum (memo) is a commercial document issued by a seller to a buyer. The seller usually issues acredit memo for the same or lower amount than the invoice, and then repays the money to the buyer or sets it off against a balance due from other transactions.
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