Credit Note Example
Example document for Credit Note Template. Use this as a reference when creating your own.
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Document: Credit Note Template
Example Document
Last updated 7/30/2026
CREDIT NOTE
Credit Note Number: CN-2023-045 Date: 25/10/2023
FROM: City Edge Plumbing Pty Ltd ABN: 12 345 678 901 42 Smith Street Melbourne, VIC 3000 Phone: 03 9000 0000 Email: accounts@cityedgeplumbing.com.au
TO: Jones Cafe ABN: 98 765 432 109 15 Collins Street Melbourne, VIC 3000 Email: manager@jonescafe.com.au
ORIGINAL INVOICE DETAILS: Original Invoice Number: INV-2023-042 Original Invoice Date: 15/10/2023
REASON FOR CREDIT: Overcharge The labour hours on the original invoice were incorrectly calculated as 5 hours instead of 4 hours.
| Description | Qty | Unit Price | GST | Total |
|---|---|---|---|---|
| Labour adjustment (1 hour reduction) | 1 | -$90.00 | -$9.00 | -$99.00 |
SUBTOTAL EX. GST: -$90.00 TOTAL GST: -$9.00 TOTAL CREDIT VALUE: -$99.00
PAYMENT DETAILS (IF REFUND DUE): This amount has been deducted from your outstanding account balance.
TERMS & CONDITIONS:
- This credit note has been issued to adjust the original invoice listed above.
- Please adjust your records accordingly.
- If this creates a credit balance on your account, we will apply it to your next invoice unless a refund is requested.
AUTHORISED SIGNATURE:
M. Smith 25/10/2023
Notes
Annotations:
- Negative Numbers: The amounts are shown as negative to clearly indicate this reduces the amount owed.
- ABNs: Both the issuer and recipient ABNs are included for tax validity.
- Reason: A clear explanation ensures the customer knows exactly why they are receiving the credit.
- Link: The original invoice number (INV-2023-042) is referenced to link the two documents.
- Labour Only: In this case, only the labour was overcharged, so materials were not listed.
About this Example
Part of the Credit Note Template document collection
Document Type
Credit Note Template
A document used by Australian businesses to correct errors or reduce the amount owed on a previously issued invoice. It helps you manage GST credits and maintain accurate records.