Debit note

Debit note

 

In accounting language debit note is the note or reporting style for to acknowledge supplier for the credit the amount in our account against some transitions are made due to rejections of materials / concessions / discounts or any others. Debit notes are generally called debit the amount to supplier accounts for some amounts its accounting effect, but in business this language are generally used “debit note” for supplier instead of used return goods amounts.

In the debit note, generally follow details are need to incorporate:

  1. note numbers and date
  2. supplier information
  3. purchase order number
  4. date of receipt material
  5. Description of the material received and rejected
  6. Product rejected / non conformity
  7. Defective product return note
  8. costing of the product

Information flow should complete to supplier can understand for the product and its rejects is losses for customers, supplier can possible to bear the costing amount if the defect if very critical and raised to its end.

Supplier is accepting debit note and credit amount to customer account to keep the relation with customer, after all customer satisfaction is primary requirements for suppliers.

Debit note

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