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antitank
Oct 16, 2011, 11:32 PM
Dear Expert,

We had supplied some material to our customer on credit term(15days credit) basis. Unfortunately those material were rejected and sent back to us. My question is whether it is required by customer to raise debit not to us even though if they have not made the payment to raise credit note to them?

tickle
Oct 17, 2011, 01:51 AM
You don't send the credit note to them; you make an internal credit note to adjust the debit entry.