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Credit Note
A question & answer about credit notes
QDoes a credit note affect VAT?
Yes—it reverses the VAT previously recognized on the affected sale when applicable, and reporting reflects the change automatically rather than via manual spreadsheets.
More in Credit Note
- When should I issue a credit note?
- How do I create a credit note?
- Can I apply a credit note to future invoices?
- Are credit notes compliant with ZATCA?
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Cloud accounting built for Saudi Arabia: invoicing, ZATCA e-invoicing, the VAT return and reports, in Arabic and English.
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