Free Price Adjustment Credit Note Template & Generator

Correct an invoice when the charged unit price, rate, discount, or contract price differs from the agreed amount. This free credit note template opens with practical line items for B2B sellers and service providers, calculates totals when the document uses prices, and exports as a polished PDF.

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Use-case checklist

What to include in a price adjustment credit note

Price credits need a traceable comparison between what was billed and what the contract, quote, or PO allowed. Showing both rates and the affected quantity lets the buyer verify the exact difference.

  • seller, buyer, contract, quote, or PO
  • original invoice and affected line
  • quantity, billed rate, and agreed rate
  • difference and reason for adjustment
  • tax correction, total credit, and application

Example starting lines

DescriptionQtyRate
Unit-price correction25$8.5

Complete it cleanly

Reference the contract, quote, PO, and invoice, identify the item or service, quantity, invoiced rate, correct rate, discount or tier, tax impact, and credit total.

When this document is the right choice

Use this credit note to document a reduction or reversal against an issued invoice. A credit note changes the amount owed on an earlier invoice without deleting the original record. Reference the original invoice and state the exact reason for the adjustment.

Frequently asked questions

What should a price adjustment credit note include?

Include seller, buyer, contract, quote, or PO, original invoice and affected line, quantity, billed rate, and agreed rate, difference and reason for adjustment, and tax correction, total credit, and application. The fields and example lines on this page give you a practical starting point.

How should I complete this credit note before sending it?

Reference the contract, quote, PO, and invoice, identify the item or service, quantity, invoiced rate, correct rate, discount or tier, tax impact, and credit total.

Is this price adjustment credit note template free?

Yes. You can create, edit, and preview the document without an account. Creating and previewing is free. PDF downloads cost $2.29 per document, or are included with Unlimited.