Debit note and credit note
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 November 2011
Hi sir,
Can you please explain what is a debit note when seen from accounts payable?
and when should an entity recieve or raise a debit note.
Can you please explain what is a debit note when seen from accounts payable?
and when should an entity recieve or raise a debit note.
12 November 2011
DEAR IN CASE OF ACCOUNTS PAYABLE AS REFER TO CREDITORS,DEBIT NOTE IS REFER TO A CERTIFICATES THAT WILL BE REDUCE THE BALANCE OF CREDITORS.
IT IS RAISED AT A TIME OF MISMATCHING OF PO AGREEMENT OR TERM AND CONDITION WHERE YOU DOES NOT WANT TO PAY YOUR CREDITORS.
IT IS RAISED AT A TIME OF MISMATCHING OF PO AGREEMENT OR TERM AND CONDITION WHERE YOU DOES NOT WANT TO PAY YOUR CREDITORS.
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