Notes Queries
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Notes Queries
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Credit Note Query? Anybody can help?
I run a small home business (computer professional services) and i have a client which i billed last year (1st December 2007) for $1000. This year (June 2008), his business closed down but has paid a 'rejection' fee of $500 to me.
Because i have to submit my yearly tax information for year end 2007, my accountant / auditor has requested me to pass them a 'credit note'. Thing is since my client has paid me the $500 rejection fee and is no where contactable right now, whom should i issue the 'Credit Note' to?
Am i supposed to address the credit note to my client (his company name & details) and pass it to my accountant / auditor? Or since my client is no where contactable, i should just address the credit note to my accountant (and the accountant's name, business details?)
THanks.
No. put the same address as you did on the original invoice and just keep the top copy attached to your accounts copy.