🌟 for instance I am purchasing rupees 500000 goods of worth computers .. but few computers are damaged ... I am returning the damage goods to my supplier
in Tally which note I should have to record this purchase return debit note or credit note???
and my party of supplier that person which note record in his books of accounts??? debit note or credit note?
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Returnable entries
Replies (4)
Vendor should give you credit note
In my tally can I enter in debit note this purchase return?
Yes you can since if for vendor it is credit note means for you can issue a debit note to him...same logic ..
credit note reduces to payable bakance
debit notes asks to pay vendor to you
credit note reduces to payable bakance
debit notes asks to pay vendor to you
Thanks 😊 for your explanation Laxmi kudire
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