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Debit Note - In Simple Enlish


I want to share the definition of debit note and its voucher entry in tally 9 in simple english .

Debit Note ::----->

When A business organisation purchases the goods from other business organisation . Some goods out of them can be rejected by a business organisation to other . At this time for recording the purchase return , there is two method of making the voucher of this record .

Ist Method

We wait our supplier , when he accepts our rejected goods and send us credit note . This credit note will be the debit note for our purchase return entry. With this purchase return entry our stock will reduce with the amount of goods return outward.

and We make voucher Entry in Debit Note in tally 9

2nd Method

In this we issue the debit note with return goods and pass the voucher entry of purchase return in debit note.
Steps of voucher entry in tally 9
1st Step
Yes the feature of debit and credit note
2nd Step
Create the Ledger of Purchase return under the head of purchase
3rd Step
Pass the voucher entry of purchase return in debit note voucher of tally 9

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Accounting Education: Debit Note - In Simple Enlish
Debit Note - In Simple Enlish
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