What is debit note voucher?
Debit note Voucher is a document produced by a purchaser when returning goods purchased. The debit note may include information about an immediate payment or may serve as a reminder of current funds due.
Reasons for Purchase Returns
- Damages
- Expiration of products
- Different brands
- Out of order
How to enable Debit note in tally?
- Gateway of Tally —–> Vouchers —–> Debit Note (Alt + F5)
You can view Debit note report as follow
- Gateway of Tally —–> Display —–> Account Books —– > Debit Note Register
Do this entry as given below to know in detail.
Purchase Voucher (F9): –
Purchase goods of Rs. 12,500 from Samarth Stationary on credit of 10 days on 01/05/2020 and invoice no. SM/MAY/P/001
Payment Voucher (F5): –
on 01/05/2023, Company Paid worth of Rs. 12,500 /- to Samarth Stationary against bill no. SM/MAY/P/001 by cash
Debit note (Alt + F5): –
How to do Debit note entry.
- Gateway of Tally
- Vouchers
- Debit Note (Alt + F5)
- Can Uses Ctrl + H (Switch between As Voucher and As Invoice mode)
On 01/06/2023, goods worth of Rs. 2,500 returned to Samarth Stationary due to warranty or damage against invoice no. SM/MAY/P/001
You can view credit note report as follow
- Gateway of Tally ——-> Display ——-> Account Books——-> Debit Note Register
Do the following entry of vouchers as given below
Example (1)
| 01/05/2023 | Company Purchase goods worth of Rs. 80,000/- from Rajesh and Co. with bill no. raj/may/005 |
| 01/05/2023 | Company Paid worth of Rs. 80,000/- to Rajesh and Co. against bill no raj/may/005 |
| 02/05/2023 | After checking the goods, Company has returned damaged goods worth of Rs.8,000 to Rajesh and Co with bill no. raj/may/dr/005 |
Example (2)
| 01/06/2023 | Company Purchase goods worth of Rs. 50,000/- from Priya ltd with bill no. pri/June/006 |
| 01/06/2023 | Company Paid worth of Rs. 50,000/- to Priya ltd against bill no pri/June/006 |
| 02/06/2023 | After checking the goods, Company has returned damaged goods worth of Rs.5, 000 to Priya ltd with bill no. pri/June/dr/006 |
Example (3)
| 01/07/2023 | Company Purchase goods worth of Rs. 95,000/- from Neelam and Co. with bill no. neel/July/07 |
| 01/07/2023 | Company Paid worth of Rs. 95,000/- to Neelam and Co. against bill no neel/July/07 |
| 02/07/2023 | After checking the goods, Company has returned damaged goods worth of Rs.10,000 to Neelam and Co. with bill no. neel/July/dr/07 |