Credit authorization scheme.Debit Memo - It is a sales document used in complaints processing to request a debit memo for a customer. If the prices calculated for the customer were too low.
go to gateway of tally then voucher and click on debit note of the screen your right side
A credit and debit tally is the total of the credits and debits, separately. The difference between the totals is the net profit or loss.
Debit note is money being taken out Credit note is money being brought in
Debit bank a/c Credit loan a/c
Debit Note - Money being taken out such as invoiced or charged Credit Note - Money being given back such as refund or over payment.
Debit Purchases and Credit Supplier.
[Debit] Cash / bank [Credit] Capital account
personal accounts 1.debit on the receiver 2. credit on the river real accounts 1.what comes in debit 2.what goes out credit nominal account 1.all expenses and losses debit 2.all income and gains credit
An invoice is raised by the seller. Whereas , a debit note is raised by the seller for indirect expenses to complete the sale process. For example, shipping charges. The seller will bill this indirect expense as a debit note.
In accounting terminology debit value equals to credit value means tallied. Since tally software is created auditing people in mind and auditors having tally in their mind ie., tallying the figures. This magic word "Tally" named after this wonderful software "Tally ERP 9".
Debit
The debit note is an asset it comes to the firms in the result of providing services and get a promise to settle this amounts later. The firms issues debit note for: 1- facilitate and increased sales 2- competitions. 3- to get new customer. The credit note is a liabilities the firm should be payed. The firm issued credit note for several reasons: a- to finance activities b- for tax purposes witch's , the firm will pay less tax when he borrow from out side.