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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. Understand what a debit note is, its purpose, format, and usage in business transactions. Stay informed with expert insights from CaptainBiz. Understanding the debit note vs credit note distinction is crucial for ensuring smooth financial operations and staying compliant with accounting standards. This article explains their meaning, usage, and key differences to help businesses manage transactions more effectively. 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.
