When creating invoices, you may have to indicate various types of credits or corrections. Electronic invoices make it easier to interpret invoice data because the invoice type can be directly read from field BT-3:
- Corrected invoice: you want to correct or cancel a submitted invoice. To do this, you must create a credit.
Code in BT-3: “384” (corrected invoice)
Note: You must indicate the invoice to be corrected (PRECEDING INVOICE REFERENCE, BG-3).
- Credit note: Irrespective of previous invoices, the invoice issuer is attributed a credit or voucher. This may be the case where a customer has generated a certain revenue within a given period, qualifying them for a refund or credit.
Code in BT-3: “381” (credit note)
Note: In this case, it is not necessary to add another minus sign to the payment total.
- Self-billed invoice: The recipient of the product or service creates a credit in accordance with section 14 (2) sentence 2 of the VAT Act (Umsatzsteuergesetz, UstG) as an invoice for this product or service.
Code in BT-3: “389” (self billed invoice)
