Debit note

what is debit note...and in practicle life why it being use...means purpose of use
Replies (2)

proper definition of Debit Note is that a document issued to a party stating that you are debiting their Account in your Books of Accounts for the stated reason or vise versa.   It is commonly used in case of Purchase Returns, Escalation/De-escalation in price, any other expenses incurred by you on behalf of the party etc.  

thanku you Mr. Rahul Sharma..........

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