Issuance of credit and debit notices
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CREDIT NOTICE
- INTENDED PURPOSE
CREDIT NOTICE is an accounting document that reduces the tax base of a delivery or resets the tax base when canceling a delivery for which an Invoice has already been issued.</ strong>
The reduction of the tax base can be due to:
- reduction in value due to additional discount provided/lower quality/exceeding a certain volume of sales at a distributor;
- quantity reduction due to returned damaged items
- inspection by an authorized body and found that the quantity is less than invoiced
- damage to delivery, etc.
- REQUISITES
- The Credit Note has all the mandatory and optional details, like those of the Invoice.
- The Credit Notice must also contain:
- number and date of the Invoice to which the notice was issued;
- the basis for its issuance (the basis for the reduction of the tax base or for the cancellation of the delivery).
- The unit price of the credited service / good is written with “-“. The total amount of the credit note is a negative value.
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DEBIT NOTICE
- INTENDED PURPOSE
DEBIT NOTIFICATION is an accounting document that increases the tax base of a delivery for which an invoice has already been issued.
The increase in the tax base can be due to:
- incorrectly calculated tax base at initial invoicing;
- when a larger quantity is delivered than originally invoiced, etc.
- REQUISITES
- The Debit Notice has all the mandatory and optional details as those of the Invoice.
- The Debit Notice must also contain:
- number and date of the Invoice to which the notice was issued
- the basis for its issuance (the basis for increasing the tax base)
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