Credit note
This query is : Resolved
Neha Patial
(Querist)
20 December 2010
what is credit note and in which circumstances it is used?????
CMA Ramesh Krishnan
(Expert)
20 December 2010
Credit note is a document, which is used in accounts for crediting a party account. following circumstances
1.Discount given to party
2. Wrong debit made in party account
3.adjusting the party balances
and many more circumstances which we want to credit party a/c
1.Discount given to party
2. Wrong debit made in party account
3.adjusting the party balances
and many more circumstances which we want to credit party a/c
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