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Debit note 7 credit note

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 March 2013 what are the purpose/use of Dr. & cr. Note, & when it is used
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Rahul Sharma

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Rahul Sharma (Expert)
26 March 2013 A debit note is a note sent to a customer indicating that his account has been debited due to less amount calculated in the invoice either due to tax not included or sale price calculated less or a purchase return.
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Rahul Sharma

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Rahul Sharma (Expert)
26 March 2013 A crebit note is a note sent to a customer indicating that his account has been crebited due to excess amount calculated in the invoice either due to discount not included or sale price calculated more or a sales return.
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