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A debit note is a commercial memorendum issued by a buyer to seller, and a credit note is a commercial memorendum issued by the seller to buyer
Debit note is a memorandum which is use to charge the expense from seller. By issuing debit note buyer request the seller to repay the amount which buyer expended on behalf of seller.
Credit note is the confirmation from seller that seller agreed to pay the amount.
Both debit & credit note have verious use in the business transation.
A debit note is a note indicating the amount owed by a person or company.
A credit note is a form or letter sent by a seller to a buyer stating that a certain amount has been credited to the buyers account
