GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:26 Nov 15, 2013 |
English language (monolingual) [PRO] Bus/Financial - Accounting / Invoices | |||||||
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| Selected response from: Yvonne Gallagher Ireland Local time: 02:38 | ||||||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +3 | Amended Invoice/Invoice Amendment |
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4 | annotated invoice |
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annotated invoice Explanation: some softwares permit "annotation", i.e. correcting names, purchase order #, etc. if the mathematical items remain the same Essentially you are annotating the text. line items, quantity, price must remain the same, or a credit/debit additional invoice would be required. |
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Amended Invoice/Invoice Amendment Explanation: credit note is something else entirely -------------------------------------------------- Note added at 13 mins (2013-11-15 14:40:18 GMT) -------------------------------------------------- If the company (your client) is issuing a new corrected invoice then I would use the first option of Amended Invoice but if just sending the amendment itself can call it an amendment to invoice or an invoice amendment (with capitals for title of doc) a credit note to the full value is given in lieu of a cash refund when goods are faulty or returned for some valid reason -------------------------------------------------- Note added at 20 mins (2013-11-15 14:47:00 GMT) -------------------------------------------------- you could also use revised or modified invoice. http://www.ehow.com/facts_7552531_do-create-revised-invoice.... -------------------------------------------------- Note added at 5 hrs (2013-11-15 19:40:36 GMT) -------------------------------------------------- meant to include definition of credit note earlier http://www.investordictionary.com/definition/credit-note Credit note Definition A credit note is a monetary instrument issued by a seller that allows a buyer to purchase any item or service from that seller on a future date. Credit notes may be issued by a seller as a goodwill gesture to a buyer who wishes to return previously purchased merchandize (instead of cash repayment) in circumstances where the original sales agreement did not include an explicit refund policy for returned items. In such circumstances, a credit note of value equal to the price of the returned item is usually issued allowing the buyer to exchange his purchase for other items available with the seller. http://www.businessdictionary.com/definition/credit-note.htm... Definition A form or letter sent by a seller to a buyer, stating that a certain amount has been credited to the buyer's account. A credit note is issued in various situations to correct a mistake, such as when (1) an invoice amount is overstated, (2) correct discount rate is not applied, (3) goods spoil within guaranty period, or (4) they do not meet the buyer's specifications and are returned. Also called credit memo. -------------------------------------------------- Note added at 33 days (2013-12-18 23:00:34 GMT) Post-grading -------------------------------------------------- Glad to have helped |
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Grading comment
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Notes to answerer
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