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Subject: Re: [ubl-dev] Invoices, Credit notes, charges, allowances, oh my!
From my limited experience in retail, where we tried to keep everything as simple as possible.... A credit note is the equivalent of "cash" - it was issued at a previous time. Say someone bought three things (invoice "a") - and it turns out one is "the wrong size" - and we can't supply a replacement - so we issue a credit note (invoice 'b' as a credit balance - the credit balance includes the taxes paid on the item) and take the one item back. Invoice b and a are now connected. At some time after, another item is purchased - invoice 'c' say - and the customer pays for it using credit card, cash and a credit note (invoice b). Any current applicable tax is on the item purchased on invoice 'c'). The credit note though is just a cash equivalent and shows up as one of three methods of payment - cash, credit card and credit note (invoice 'b'). Not exactly the same - but the principles would be the same. Using Ken's example - I would issue a credit note for EUR110 total - the line items being EUR100 (the thing you are issuing the credit against with reference to the original Invoice #) plus EUR10 (presumably since the original item was taxable). The notions of allowance/charge didn't seem to me to be relevant to the transaction - but like I said - different domain. Cheers..Hugh CyberSpace Industries 2000 Inc. MultiMedia Productions XML Training and Consulting http://cyberspace-industries-2000.com Our first documentary is now into initial screenings http://DanielDaverne.com Quoting "G. Ken Holman" <gkholman@CraneSoftwrights.com>: > At 2009-07-08 15:42 +0200, Roberto Cisternino wrote: > > > As I understand it, charges on an invoice increase the amount of the > > > invoice, and allowances on an invoice decrease the amount of the invoice. > > > > > > When a credit note is issued against the invoice, are charges on the > > > credit note increasing the amount of the credit note (and allowances > > > decreasing the amount of the credit note), or because it is a credit > > > note should the use of the two concepts be reversed? > > > >absolutely not, Allowance/Charge are a stable meaning > > So, then, an allowance is *always* a decrease and a charge is > *always* an increase in whatever document it is being used? > > > > The issue is that cac:AllowanceCharge is context free, and the > > > definitions are not biasing one way or the other: > > > > > > "An association to Allowances and Charges that apply to the > Credit Note > > > as a whole." > > > "An association to Allowances and Charges that apply to the Invoice as > > > a whole." > > > > > > My answer was "it can be either way because a community gets to > > > define which way the allowances and charges are expected for any of > > > the documents". > > > > > > Is there a "best practice" for which way to go on credit notes? > > > >I think Allowance / Charges are just used into a classic Invoice. > > But what about this scenario: > > I issue an invoice for EUR1000 with a 10% charge which adds EUR100 > for a total of EUR1100. > > I issue a credit note for EUR100 and need to accommodate the 10% so > that the total is EUR110. Is the EUR10 considered (a) a line item in > the credit note, (b) a charge in the credit note, or (c) an allowance > in the credit note? > > >A Credit Note is precisely referred to Amounts specified into one or more > >Invoices (or part of these) that your business previously issued with some > >mistakes on amounts or even with no reference to the actual PO received by > >your Customer. > > > >The Credit Note is not referred to a precise Allowance / Charge on a given > >item but usually is referred to a Line Item total Amount. > > > >The important part is to reference exaclty which part of an Invoice is > >corrected by a Credit Note. > > So you think it is (a) in my scenario and that AllowanceCharge should > not be used in the credit note even though it is available to be used > in the structures? > > Any other opinions from UBL-Dev members? > > Thanks for your guidance. > > . . . . . . . . . . Ken > > -- > Possible July/August XSLT/XQuery/XSL-FO training in Oakland/CA/USA > Crane Softwrights Ltd. http://www.CraneSoftwrights.com/u/ > Training tools: Comprehensive interactive XSLT/XPath 1.0/2.0 video > Video lesson: http://www.youtube.com/watch?v=PrNjJCh7Ppg&fmt=18 > Video overview: http://www.youtube.com/watch?v=VTiodiij6gE&fmt=18 > G. Ken Holman mailto:gkholman@CraneSoftwrights.com > Male Cancer Awareness Nov'07 http://www.CraneSoftwrights.com/u/bc > Legal business disclaimers: http://www.CraneSoftwrights.com/legal > > > --------------------------------------------------------------------- > To unsubscribe, e-mail: ubl-dev-unsubscribe@lists.oasis-open.org > For additional commands, e-mail: ubl-dev-help@lists.oasis-open.org > CyberSpace Industries 2000 Inc. Multimedia Promotions XML Training and Consulting http://cyberspace-industries-2000.com
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