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CREDIT NOTE

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ACCOUNTANT
193 Points Posted on 09 July 2009

Hi Friends,

Can anyone provide me the basic format of "CREDIT NOTE", which is to be issued against payment of Commission.

Also inform m e whether we have to collect DEBIT NOTE from that person or I can issue him CRDIT NOTE.

What is the correct way as per accounting policy.

Thanks..

PREETI

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On 09 July 2009 at 13:41 Report
Replies (2)
Guest

No need to issue a credit note against receipt of  Debit Note.

Reply
On 09 July 2009 at 15:06
Guest

If you are using Tally then use feature Debit Note/ Credit Note and take  print of it  in Duplicate otherwise you can draft it in Excel as following:

 

 

 

 

Debit/ Credit Note

 

 

 

          

 

 

          

 

 

          

 

No.

        

Date:

 

 

          

 

M/s ………………………………………………………………………………………………..

 

 

          

 

Descriprion

 

 

 

 

Amount

 

          

 

We have Credited to your account towards commission against following invoices for the period from April to march 09

      1,500.00

 

 

 

 

 

Tax

 -

 

 

 

 

 

G Total

    1,500.00

(Rupees one thousand five hundred only)

  

 

 

          

 

 

        

For X Y Z Limited

 

          

 

 

          

 

 

 

 

 

 

Auth. Signatory

Reply
On 09 July 2009 at 15:54


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