Debit note in advance

This query is : Resolved

aadil saifi (Querist)
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25 January 2016 kindly cunsult me ...
can we raise the debit note in advance.?
Means can we raise the debit note weather we have no any dues of party

please suggst as sooon as possible

aadil saifi

aadil saifi (Querist)
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25 January 2016 Plz resolve my problem...

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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25 January 2016 Debit note can be raised even if there is no outstanding balance.
For eg material purchased and payment made. Later on material was rejected. In this case outstanding balance is Nil. Debit note will be raised.

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