ERP glossary · Accounts
What is Debit note?
Definition
A debit note is a document a buyer sends a supplier to reduce the amount payable, for example for returned or rejected goods, or an extra charge a seller adds to an earlier invoice.
Which party raises it depends on the reason, but it always refers back to the original invoice.
Debit note in IndustryX
Purchase returns are included on every IndustryX plan.
Related terms
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