What Is a Credit Note? Meaning, Purpose, and Examples

Shuraatax04 Sep, 2025Finance

A credit note is an essential financial document used in business to correct or adjust the value of a transaction without altering the original invoice. A credit note is a document issued by a supplier to a buyer to adjust or reduce the value of an invoice that has already been issued. It typically comes into play when goods are returned, services are cancelled, or an overcharge occurs.