421
Sales & receivables
CN-2026-0001
Siam Retail Co., Ltd.
CREDIT NOTE
Finance Lab Co., Ltd. · 1 Sathorn Road, Bangkok 10120 · Tax ID 0105569000001
Siam Retail Co., Ltd.
99 Rama IV Road, Khlong Toei, Bangkok 10110
Tax ID 0105556012345
| Reason | Amount |
|---|---|
| Service level credit - 4 hours downtime | 10,000.00 |
| VAT 7% | 700.00 |
| Total credited THB | 10,700.00 |
How this works - feature 421 Reduce what a customer owes: discount, return or mistake.
Concepts
- Posting at the INVOICE rate: Dr Sales returns / Dr Output VAT / Cr Accounts receivable.
- Sales returns is a contra-revenue account: it lowers revenue in the P&L without touching the original sale.
- Output VAT goes down too, so the VAT report (423) shows the credit note as a negative line.
Read the code
service/SalesService#creditdomain/CreditNote