[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [List Home]
Subject: Re: [ubl-dev] Invoices, Credit notes, charges, allowances, oh my!
Where I come from invoices and credits (now called
adjustment notes in Australia) are charges to a customer's account with
the supplier. Both may be for goods and services and are not
necessarily related. The adjustment note, while technically an
adjustment to an invoice, is in reality an adjustment to the customer
account balance. A good example is where adjustments (credits) are issued for advertising allowances. These don't apply to any particular invoice. In theory they are a charge from the customer but are often handled as a credit or adjustment from the supplier. For practical reasons no one really likes sending cheques to someone who owes them money. In a customer liquidation however the supplier may be liable to pay these amounts even though the customer owes the supplier for other services. The net result is that by agreement the supplier issues credits rather than the customer issues charges. Keeps the accounting simpler, although perhaps not technically accurate. On 07/09/2009 01:54 AM, Stephen Green wrote: 92040e120907080854h4d382e48mf1ee9db8c6776549@mail.gmail.com" type="cite">One rule of course - if, as often happens, the invoice and |
[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [List Home]