Credit note example · Software (SaaS)

Credit Note Example for a SaaS Subscription

A 5-page SaaS credit note: a service credit for missed uptime and a pro-rata credit for removed stores, with VAT, the uptime figures and how it is applied.

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At a glance

This credit note in numbers

About this example

This example is a credit note a software company issues to a retail customer six months into a three-year subscription. It gives two credits against the first annual invoice: a service credit because uptime in March fell below the 99.9% commitment, and a pro-rata credit for four stores that closed, billed per store on an analytics add-on.

A SaaS credit note should show its working, so this one does. It names the basis for each credit in the customer's agreement, shows the minutes of downtime and the uptime that set the credit band, explains what happened in the outage and what was fixed, and compares the store add-on before and after. It then shows when the credit is deducted, notes the VAT correction and offers a refund instead, under the vendor's credit approval stamp.

Who it is for

SaaS and subscription businesses that issue service credits, downgrade credits or pro-rata adjustments to customers.

Inside and how to use it

What this example contains, and how to make it yours

What's inside

  • A credit note header with the total credit and where it is applied
  • Why each credit is given, and its basis in the agreement
  • Credit lines with VAT and the total credit
  • Uptime figures and what happened in the outage
  • The store add-on before and after, and how the credit is used
  • VAT and refund notes with an approval stamp

How to adapt it

  • Quote the agreement clause each credit comes from
  • Show the uptime figures behind a service credit
  • Credit removed units pro rata, month by month
  • Say when the credit is applied and offer a refund

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