Invoice, credit note and debit note
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2012
SIR
I WANT TO KNOW THAT WHAT IS INVOICE? IS THERE ANY DIFFERENCE BETWEEN INVOICE AND BILL AND WHAT IS CREDIT NOTE AND DEBIT NOTE?
I SHALL BE VERY THENKFUL FOR YOUR REVERT.
I WANT TO KNOW THAT WHAT IS INVOICE? IS THERE ANY DIFFERENCE BETWEEN INVOICE AND BILL AND WHAT IS CREDIT NOTE AND DEBIT NOTE?
I SHALL BE VERY THENKFUL FOR YOUR REVERT.
13 September 2012
1. Invoice is a document for charging price/fees for goods sold ot services rendered.
Invoice and bil is one and the same thing. Invoice is a more formal word.
2. Debit note is issued when we have debited a party's account in our books.
3. A credit note is issued when we have credited a party's account in our books.
Invoice and bil is one and the same thing. Invoice is a more formal word.
2. Debit note is issued when we have debited a party's account in our books.
3. A credit note is issued when we have credited a party's account in our books.
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