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What Do You Exactly Mean By Credit Note And Debit Note?

Answer»

CREDIT Note —It is a kind of BILLING which you generally raise when you need to credit a CUSTOMER DUE to Sales Return or because of some extra incentive or bonus offered.
Debit Note —It is a kind of billing when you need to charge customer for reasons, such as delayed payment MADE by the customer or Customer Payment cheque dishonor penalties.

Credit Note —It is a kind of billing which you generally raise when you need to credit a customer due to Sales Return or because of some extra incentive or bonus offered.
Debit Note —It is a kind of billing when you need to charge customer for reasons, such as delayed payment made by the customer or Customer Payment cheque dishonor penalties.


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