Plse explain in simple way the below four cases with an example
- Issue Credit Notes
- Receive Debit Notes
- Issue Debit Notes
- Receive Credit Notes
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Credit & debit notes
Replies (2)
Debit note is a source document for recording purchase return..Credit note is for sale return..In case of sale return by our purchaser we issue credit note to them and in case of rutyrn of goods purchased on credit we issue debit note to the selleer...
Debit note is a source document for recording purchase return..Credit note is for sale return..In case of sale return by our purchaser we issue credit note to them and in case of rutyrn of goods purchased on credit we issue debit note to the selleer...
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