Debit Note

A Debit Note Voucher is a document issued by a buyer to a seller, indicating that the buyer intends to reduce the amount owed to the seller, often due to issues like receiving damaged goods, incorrect quantities, or errors in billing. It's essentially the buyer's way of requesting an increase in their payable balance or a reduction in the seller’s receivable balance.

To access the Debit Note, go to: > Home > Application > Finance > Operations > Debit Note

How can I get Benefit ?

ValueBot offers a useful features for accounts through Debit Note Voucher

• Tax Compliance : A debit note helps adjust taxes on overcharged or returned goods, ensuring your tax records remain accurate.
• Better Supplier Relations : By formally addressing discrepancies, a debit note fosters clear communication and stronger relationships with suppliers.
• Legal Protection : It acts as proof of transaction adjustments, offering legal protection if any disputes arise over the correction of a bill.
• Future Credit : Often, a debit note can result in credit that you can use for future purchases with the same supplier.

Properties

Primary Properties

Property	Description
Voucher No	Voucher Entry Number will generate default
Date	Date refers the Transaction date
Reference No	Can Enter other references number related to Voucher
To Credit	You Can Select Account Ledger from list
Amount	Enter Amount you want to Receive
Narration	Can Enter information related to Voucher

Line wise Properties

Property	Description
Type	If we select 'To-Credit,' the amount will be posted to the credited account
Type	If we select 'To-Debit,' the amount will be posted to the debited account
Ledger	You Can Select Account ledger from list
Amount	Enter the amount you need to post to the ledger

Create New Debit Note Voucher

• Go to the Debit Note

• You can observe Voucher Number is generated by default.
• Under the To Credit, Select Account Ledger from list
• Enter the Amount.
• Click Add New, select account ledger and enter the amount.

• Enter any additional information in the Narration field for your reference.
• Click Save

Edit a Debit Note Voucher

• Go to the Ledger Summary
• Select Account Ledger and Choose the transaction

• Make Necessary changes
• Click Save

Delete a Debit Note Voucher

• Go to the Ledger Summary
• Select Account Ledger and Choose the transaction

• Click Delete

warning

Deleting a Debit Note from the ledger will cause a variation in the closing balance.

See Also

• Credit Note