What is Credit Notes?
What does 'Credit Notes' mean?
A document issued to a customer that reduces or cancels the amount owed on an invoice already sent, used for returns, overcharges, cancelled work, or agreed discounts. Rather than deleting or editing the original invoice, which breaks the audit trail, the credit note offsets it and can be applied against the balance or a future invoice. Accounting systems track the link between the two so receivables and tax figures stay correct.
List of software with Credit Notes functionality
About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].