why debit notes and credit notes are passed?

Answer Posted / izhar ullah m.com

hi dears
Debit note is a memo which tell us the purchase return,that
these are the damages.
we made some Purchases for business in that time some
dameges was happend for that we raise debit note to
supplier.

Credit note is related to sales return.
We sold some goods to the client,some goods return the
client because of some reasons for that client raise the
one bill its called credit note.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why do you want to work here?

1687


What are the things are not Included in Annual Reports?

1592


What is meant by Revenue Loss

1612


can any one send me payables real time scenarious or any projects

1636


Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??

933






Short Answer on _________Financial accounting

1427


Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...

1729


HOW TO MAINTAIN BANK A/C

1624


What problems might be encountered if there were no accounting standards?

2456


in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)

1645


Which entry we pass self entry like cash withdraw for ourself

1144


what are the important steps to take during the conversion of an accounting system.

1502


how to work on CMA form in manufacturing compay as well as how to analysis working capital ?

1502


what are the suggestions to control NPA in rural areas?

3558


I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1031