Returnable entries

🌟 for instance I am purchasing rupees 500000 goods of worth computers .. but few computers are damaged ... I am returning the damage goods to my supplier

in Tally which note I should have to record this purchase return debit note or credit note???


and my party of supplier that person which note record in his books of accounts??? debit note or credit note?
plse guide
Replies (4)
Quick Summary
This discussion clarifies how to handle purchase returns in Tally, specifically when returning damaged goods to a supplier. It explains that if the supplier issues a credit note (reducing your payable balance), you should issue a debit note to the supplier. This ensures both parties' accounts accurately reflect the transaction.

Vendor should give you credit note
In my tally can I enter in debit note this purchase return?
Yes you can since if for vendor it is credit note means for you can issue a debit note to him...same logic ..

credit note reduces to payable bakance
debit notes asks to pay vendor to you
Thanks 😊 for your explanation Laxmi kudire

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details