What are Credit Notes?

A credit note is an amount that must be paid back to the customer as credits on the invoice or as refunds.

Here are some situations when the customer receives credits:

• If there was a delay in the delivery of the product
• If the wrong product was shipped
• If there was an error in invoice pricing
• and a few more...

Note: Credit notes depend on company policies (and terms and conditions) under which they can be given to a customer.

To learn more about Credit Notes, click here.