Tag Archives: #CreditNotePolicy

What is a completed credit note and debit note?

Credit Note and Debit Note

Credit Note and Debit Note   A credit note and debit note are both types of accounting documents used to record transactions between two parties. A completed credit note is a document that is issue by a seller to a buyer when goods or services are return, or when the price of goods or services… Read More »

Can a supplier issue a credit note without GST charges?

Credit Note without GST Charges

Credit Note without GST Charges   Credit note without GST charges, Yes, a supplier can issue a credits note without GST charge under certain circumstances. A credit note is typically issue to adjust or rectify an incorrect invoice or to provide a refund to the buyer. If the original invoice did not include Good and… Read More »