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Supplier Invoice Processing

Supplier: FurniCo (VAT Reg: 123456789)

Invoice #SUP-5005 for Office Furniture Purchase.
Input VAT Claimable (15%).

Invoice Amount: R 5,000.00
Input VAT (15%): R 750.00
Total Payable: R 5,750.00

Invoice Return / Credit Note

Return: Defective Items

Returning defective furniture items from Invoice #SUP-5005.
VAT reversal on return.

Return Amount: R 1,000.00
VAT Reversal (15%): R 150.00
Credit Amount: R 1,150.00

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