Easy Office
LCI Learning

Debit and credit note

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 March 2013 is it mandatory to issue credit note for purchase (discounts) and debit note for sales discounts?

can journals be passed for purchase discounts and sales discounts
Profile Image

CA Parul Saxena

Profile Image

CA Parul Saxena (Expert)
09 March 2013 not mandatory but generally debit and credit notes are issued...
Profile Image

sharma.ctc@gmail.com

Profile Image

sharma.ctc@gmail.com (Expert)
09 March 2013 Its not mandatory, but it for the information and proof of the opposite party that the debit/credit entry has been passed in their name and similarly they can also adjust the accounts on the basis of the same.
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links