Doubt in Credit Note

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Prasanth VN (Querist)
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30 June 2007 Assume tht in a big industries trasanction shows:

Qty mentioned in DN & DC is 100 Qty
but the Co., received the qty 110(as per GIN)

should i raise the Credit Note for 100 Qty or 110 Quantity

please tell the impact also for the same

pls reply in my mail also prakarthi@gmail.com

Abhisek Konar

Abhisek Konar (Expert)
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01 July 2007 credit note should be raised for 100 quant only and the excess quant should be returned.
alternatively if the excess quant is accepted fot the time being and kept in stock credit note should be raised for 110 qty and when subsequently returned journal regarding purchase return should be passed

Prasanth VN

Prasanth VN (Querist)
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02 July 2007 but if tht dn belongs to 2005-6 means wht will be impact.. knw

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