Download UK VAT Credit Note Template In Excel

UK VAT Credit Note is an excel template that helps to issue a VAT compliant credit note when the goods are returned or an invoice is overbilled.

A Credit note is a document that supplier issues to their customer for a reduction in invoice or discount in the price on the original VAT invoice. Goods return or reduction in billing amount reduces tax liability as the goods or services supplied have been reduced by the amount.

We have created a simple UK VAT Credit Note Excel Template with predefine formulas and formatting. Issue a VAT compliant credit note to your customer in a few minutes.

Contents of UK VAT Credit Note Excel Template

This template has 2 sheets: UK VAT Credit Note Template and Customer Database Sheet.

Customer Database Sheet

The customer database sheet consists of customer details as customer id, customer name, customer address, customer phone, Customer VAT number, and customer email address.

The purpose of creating this sheet to save time and simplify your work. You need to update the database sheet once with the customer details as per requirement.

Furthermore, a drop-down is created using the data validation function. When you select the customer name, the customer section fetches all relevant details using VLOOKUP function.

UK VAT Credit Note Template

Credit Note Template consists of 4 sections: Supplier Details, Customer Details, Credit Note Details, and Other Detail.

Supplier Detail

Supplier Details Section consists of the company name, logo, address and VAT number.

Customer Detail

Customer detail section consists of the following details:

Company Name
Street Address
VAT Number
Credit Note Number
Customer ID
Invoice Number

As already discussed, this section is interlink with data validation and the VLOOKUP function to the database sheet. Just select the name of customer and this section is filled automatically.

Credit Note Details

Insert the details of goods return or overbilling. This section consists of columns that are Description, Quantity, Unit Price and Amount. In the end, there is subtotal line.

Quantity X Unit Price = Amount.

Other Detail

Other details section consists following:

Also, Amount in words: It automatically convert the amount in words using Spell Number GBP.

Terms & Conditions: Insert your credit note with terms and conditions.

VAT computation: So, Insert the VAT percentage manually. The VAT amount is calculate on the percentage.

Taxable Amount X VAT % = VAT Amount

VAT Amount + Taxable Amount = Final Invoice Amount

Company seal: Moreover, After printing invoice you can stamp the invoice with a company seal.

Signature: Sign the invoice after printing the invoice by authorize personnel.

Thank You Note: Insert a thank you note of your choice here.

So, your VAT Compliant Credit Note is ready to print. It is helpful to small and medium scale businesses to issue a credit note.

Download this UK VAT Credit Note template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get UK VAT Credit Note Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Insurance Quote Template

Insurance Quote

Introduction: Streamlining Insurance Quotations An insurance quote is a vital document in the insurance industry, serving as a preliminary estimate of premiums for potential clients.

Read More »
Freelance Quotation Template

Freelance Quotation

Introduction: Mastering Freelance Quotations In the world of freelancing, creating an effective quotation is crucial for outlining the scope and cost of your services to

Read More »
Fencing Quotation

Fencing Quotation

Introduction: Navigating Fencing Service Quotations A fencing service quotation is an essential tool for businesses in the fencing industry. It provides potential clients with a

Read More »
Event Planning Quote

Event Planning Quotations

Introduction: Excelling with Event Planning Quotations An event planning quote is a critical document for event planners, detailing proposed services and costs for organizing an

Read More »
Construction Quote Template

Construction Quote

Introduction: Optimizing Construction Quotations A construction quote is a fundamental document in the construction industry, serving as a formal proposal of costs for construction services

Read More »
Cleaning Quote

Cleaning Quote

Introduction: Perfecting Cleaning Service Quotations Creating an effective cleaning service quotation is crucial in the cleaning business. It serves as a formal proposal outlining the

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.