Debit Notes

What is a Debit Note?

A Debit Note records goods returned to a supplier or a post-sale price adjustment. It adjusts the original purchase invoice amount and associated tax. Indian GST reporting requirements apply to Indian GST companies; requirements elsewhere depend on local tax rules.

Creating a Debit Note

To issue a debit note:

1. 1Go to Purchases > Debit Notes from the sidebar
2. 2Click 'Create Debit Note'
3. 3Select the supplier and reference the original purchase invoice
4. 4Add the items and amounts being adjusted
5. 5Enter the reason for the debit note
6. 6Review the GST adjustment amounts
7. 7Click 'Save'