Credit note

Make a credit note to reimburse customers

Davide Visentin avatar
Written by Davide Visentin
Updated over a week ago

In case you need to reimburse a customer and it is not possible (anymore) to cancel the original invoice, you can create a credit note.

Credit notes are invoices with a negative amount and they a very easy way to correct your accounting.

When to create a credit note

In the following cases you should create a credit note when refunding the customer:

  • Automatic SEPA incasso is succesfull - it is not possible to refund automatic SEPA invoices, because if you do this it is possible for the customer to still do a chargeback and get their money back twice.

  • All online invoices older than 90 days - it is not possible to refund these payments, this includes all online payments.

  • Partial refunds - If you only want to refund part of the invoice to the customer it is only possible to do this by creating a credit note.

How to create a credit note

  1. Go to the menu Products > Articles and create a new article.
    You can name the article "Credit note" or "Refund" for example.

  2. Enter a negative amount and choose the same bookkeeping account (VAT) as for the initial sale.

  3. Sell the article to the customer that you want to refund and choose the correct payment method (i.e. bank transfer). If you will be paying the customer in cash, you choose the payment method CASH.
    You can also edit the amount of the credit note before concluding the sale.
    The invoice will then be automatically created.

  4. You can now transfer the amount to be refunded from your bank account to the customer's bank account.

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