The electronic invoice was created and sent to the buyer, but then an error was discovered in the Company name/address of the buyer or seller. This is a fairly common error during the invoicing process, especially when the business deals with multiple partners or the data is not updated correctly.
Incorrect company name/address can cause difficulties in verifying legal information, affecting accounting, document storage, and even tax deduction and refund procedures. Although not as serious as incorrect tax codes, this error still needs to be corrected promptly to ensure the accuracy and validity of invoices.
In this case, the business needs to implement electronic invoice adjustment minutes with the content clearly stating the incorrect information and the correct information that has been updated. The minutes need to be confirmed by both parties to ensure the legality of the adjustment.
Download free sample Minutes of invoice adjustment with incorrect company name/address immediately!