Credit Notes

Refunds & Adjustments, Done Cleanly

Issue VAT-compliant credit notes for returns, discounts, and corrections. Auto-link to source invoices, refund stock, and post the right entries to XYRA Books — no manual tinkering.

Issued
CREDIT NOTE · CN-2026-0218
Acme Trading LLC
Posted
AgainstINV-2026-1842
ReasonDamaged Goods
Subtotal12,000
VAT (5%)600
Stock Returned8 units
Credit Issued 12,600
Features

Credit Notes That Don't Break Your Books

Every refund, return, and discount handled the right way — VAT compliant, auto-posted, fully traceable.

Convert from Invoice

Generate a credit note from any invoice in one click — line items, taxes, and customer pre-filled.

Stock Returns

When goods come back, stock auto-restores in the right warehouse with full traceability.

VAT Compliant

Credit notes automatically include reverse VAT entries that flow correctly into your VAT returns.

Apply or Refund

Apply credit to future invoices or refund to the customer's bank account directly.

Approval Workflow

Configure approval thresholds. High-value credits route to finance for sign-off before issuing.

Books-Native

Auto-posts reverse revenue, VAT adjustment, and AR contra entries to XYRA Books in one shot.

Workflow

From Return to Refund in 4 Steps

A clean credit note lifecycle from request to ledger.

1

Identify Invoice

Pick the invoice to credit against; line items and taxes auto-populate.

2

Adjust Lines

Choose full or partial credit, add reason, and select which items to return.

3

Approve

Send for approval if required; finance reviews and signs off in seconds.

4

Issue & Post

Customer receives credit note PDF; stock and ledger entries post automatically.

Recent Credit Notes May 2026
CN-2026-0218 · Acme12,600
CN-2026-0217 · Globex3,150
CN-2026-0216 · Meridian8,820
CN-2026-0215 · Acme2,520
14
This Month
82,400
Total
100%
VAT OK
Books-Powered

Reverse Entries, Done Right

Issuing a credit note auto-posts reverse revenue, contra-AR, VAT adjustment, and stock-return entries to XYRA Books — perfectly mirrored against the original invoice.

  • One-click conversion from any invoice with full traceability
  • VAT-compliant reverse entries flow into VAT returns
  • Stock returns auto-restored to source warehouse
  • Apply credit to future invoices or refund to bank

Stop Issuing Credit Notes Manually

Compliant, traceable, and fully reconciled. Returns and adjustments handled in seconds.