CREDIT NOTE

Pages : 1

PRITI RUPAREL
ACCOUNTANT

[ Scorecard : 193]

Posted On 09 July 2009 at 13:41

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

Member (Account Deleted)

[ Scorecard : 13270]

Posted On 09 July 2009 at 15:06

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

Member (Account Deleted)

[ Scorecard : 13270]

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



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

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