Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  1. (direct debit) payments,
  2. payments done to the collection agency
  3. settlements by merchant (external payments done by the customer to Simyothe service provider's bank account instead of Buckaroo’s)
  4. reversals.

...

 A credit note is a special kind of transaction within the credit management process. The amount of the credit note will be subtracted from the open (principal) invoice amount, leaving no or a partial amount to be paid by the customer. When Simyo the Service provider refunds (a partial) amount to the customer, the invoice amount will be open again. Therefore, a credit note is usually used to close the invoice amount after a refund. A single refund transaction occurs seldom.

...