Glossary
Financial Project Management Glossary
TimeLog Project covers the processes within the financial management
of projects. The glossary explains terms and concepts used in TimeLog Project.
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Send an email to support@timelog.comCredit note
A credit note is a commercial document which counterbalances an invoice.
A credit note is issued if a good or service is returned, or if the invoiced amount/unit price is not in accordance with what has been agreed. It is also issued if for other reasons, a price reduction needs to be made.
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