Credit notes (corrective tax documents)¶
A credit note (formally a corrective tax document) is a document with which you correct a previously issued invoice — typically when goods are returned, a discount is granted after issue, or a complaint is made. In Danito you always create a credit note with a link to the original invoice, so that your accountant can correctly reconcile the two documents.
Steps¶
- Find the original invoice in the Invoices list.
- In the invoice detail, click Issue credit note.
- Danito pre-fills the header from the original invoice (customer,
company ID (IČO), VAT ID (DIČ), numbers, dates). Fill in:
- the reason for the correction (e.g. "Complaint — return of goods"),
- the items being corrected (the full amount, or a partial correction).
- Check the calculated values (negative VAT amounts are reflected in the VAT return as a reduction of the payment due).
- Click Issue credit note. The credit note receives its own number from the numbering series but keeps a reference to the original invoice in its header.
A credit note enters the VAT return in the period of the date of the taxable supply and the exports for your accountant just like a regular invoice — only with the opposite sign.