Debit Note & Credit Note

[Former Member]

Hi Guru's,

what exactly diff between debit note and credit note? in SAP, is there any configuration? pl advice me with examples....

scenario-1: If A purchased raw material for 5000/-. user returned some raw material worth of 1000/-. in this case who will raise the note(means debit/credit) and what is the entry in SAP?

scenario-2: If B sells finished goods for 10000/-. user returned some goods worth of 2000/-. in this case who will raise the note(means debit/credit) and what is the entry in SAP?

sure i will assign points...

adv thanks

[Former Member · Accepted solution]

Hi Anita,

Debit Note: Ex: commission on sales to customer, Purchase returns etc.,

Credit Note: Ex: Sales returns, additional discounts etc.,

1) A raises Debit note on user?? for Rs.1000/-

2) B raises Credit note on user?? for Rs.2000/-

if useful to you assign points

Vijay