Credit note

To cancel an invoice, you have to create what’s called a credit note. The credit note is a negative invoice.

Credit note

Meaning

To cancel an invoice, you have to create what’s called a credit note. The credit note is a negative invoice.

Key points

  • Credit note appears frequently in invoicing, payment handling, and bookkeeping workflows.
  • The term improves clarity between clients, suppliers, and accounting teams.
  • Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, credit note is used to keep invoice and payment operations structured and auditable.

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