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[ Scorecard : 193]
Posted On 09 July 2009 at 13:41 Report Abuse

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.



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[ Scorecard : 13290]
Posted On 09 July 2009 at 15:06

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

Member (Account Deleted)

[ Scorecard : 13290]
Posted On 09 July 2009 at 15:54

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



















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














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














G Total


(Rupees one thousand five hundred only)








For X Y Z Limited












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