When debit and credit note has been made?

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What is your opinion about Debit and Credit Note in Sales Tax Law?
Posted by:
Muhammad Zain
09-April-2018

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Question added by niraj jha
Date Posted: 2016/03/06

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3 Answers

by abood omar , Account Manager , Altawafok corner Est.- Alessa Trading co.- Latin Trading co.

To adjust A/C Receivables or A/C payable without any cash flow

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Jaana Savolainen

by Jaana Savolainen , Finance assistant , Turvatiimi Oy, Finland

Credit note is made when there has been incorrect billing which has to be corrected.

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by Raza Mahmood , Senior Accountant / Credit Controller , CE Holding

whenever you need to adjust the balances for Clients and Suppliers..

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