A debit note is a document sent by a buyer to seller or in other words a purchaser to a vendor notifying that a debit has been made to their accounts. A debit note is a document that adjusts the amount due for a sale of goods or services between buyers and sellers. Learn when and why a debit note is issued, how it affects accounting records, and see a practical example. A debit note is a document issued by a buyer to a seller as a formal request for a return of funds due to incorrect or damaged goods received, or for any other reasons warranting a decrease in the amount owed to the seller. It serves as an indication that the buyer is debiting the […] Learn the difference between debit note and credit note , two documents used in accounting for returns and adjustments. See definitions, examples, formats and journal entries for each type of note .
