debit note and credit note

[Former Member]

hi masters

at what situation u have to send debit note and credit note to a single party?

regards

raj

[former_member348872]

Check this URL..

http://www.sap-img.com/sap-sd/what-is-debit-note-and-credit-note.htm

[Former Member]

Hi..

This situation can arise if the same party is your customer and also your vendor..!!

like any difference / modifications in both invoices pertaining to the same customer (in any parameters involving the currency).

Cheers,

Rajan.

[Former Member]

Hi,

When you are booking purchase invoice, if you received material short, then you have to issue debit note to that material supplier vendor.

In the same material supply bill, vendor invoice less rate claimed instead of PO rate, then you have to give credit note to that vendor for rate difference.

Hope it clear your doubt, if yes, assign points.

Sarma BH