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katraju srinu
Jul 29, 2009, 07:49 AM
Hi

I want to know definition of Debit Noe, Credit Note.
ROLCAM
Jul 29, 2009, 08:14 AM
A debit note is a bill.
You need to pay for something.

A credit note is the opposite to a debit note.
This signifies that they overcharged you
and they are giving you a refund.
This should be accompanied with a cheque or
value is received on another subsequent transaction.