Qoyod
Pricing
Qoyod
Pricing

 Knowledge Base

Debit Note vs Credit Note in Qoyod

This article explains the difference between the purchases debit note, the sales debit note and the credit note in Qoyod, and when to use each.

What is the difference between the three?

  • Purchases debit note: issued to the supplier to return purchases or reduce a purchase invoice.
  • Sales debit note: issued from an approved sales invoice, and increases the amount owed by the customer. See How to Issue a Sales Debit Note in Qoyod.
  • Credit note: issued to the customer to reduce the value of a sales invoice or to return a payment.

Which one should you use?

  • To reduce the value of a sales invoice or return merchandise to a customer: use the credit note.
  • To increase the amount owed by the customer: use the sales debit note.
  • To reduce the value of a purchase invoice or return merchandise to a supplier: use the purchases debit note.

Notes

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