Need more Clarit on when 'Sales and Purchase' Transaction takes Place:- What is a Cr.Note & Dr.Note

This query is : Resolved 

31 May 2021 Respected Sir/Madam,


Greetings.

I really 'Thank you Thank you Thank Both of You' for your 'Concern; Valuable Time; Effort ; Sharing your Reply.' How so Kind both of You.

I understand 'but' the things is 'Sorry'---> I need more 'Clarity/Clarification' on:-

1) When a 'Sales' Transaction is Involved:- What is Cr.Note & a Debit Note ?? :-

"In this Scenario---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

2) When a 'Purchases' is Involved:- What is a Cr.Note & Debit Note ??

"In this Scenario also---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

Can 'You Please throw More Clarity on my recent Query.........' ??

Request to "Treat it as most Urgent and I look forward for your Valuable Reply."

Be Safe and Take Care of You and Your Family Always.

May God bless Abundantly and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar


30 November 2021 https://help.tallysolutions.com/article/Tally.ERP9/Creating_Masters/Accounts_Info/Purchase_Sales_Ledger.htm


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details