Credit & Debit Notes

Handle Returns &
Adjustments Correctly

Issue credit notes for sales returns and debit notes for purchase returns with proper GST treatment. Maintain accurate books and ensure compliance with automated tax adjustments.

Why Credit & Debit Notes Matter

Sales Returns

Issue credit notes when customers return goods. Adjust revenue and GST output liability correctly.

Purchase Returns

Create debit notes when returning goods to suppliers. Adjust expenses and GST input credit.

Price Adjustments

Handle post-invoice discounts and price corrections. Maintain accurate transaction records.

GST Compliance

Proper tax treatment for all adjustments. Stay compliant with GSTR reporting requirements.

Against Invoices

Link credit/debit notes to original invoices. Complete audit trail for all adjustments.

Quality Issues

Document defective goods and quality claims. Professional handling of customer complaints.

Complete Features

Credit Notes (Sales Returns)

Handle customer returns and sales adjustments professionally.

  • Issue credit notes against invoices
  • Full or partial return handling
  • Automatic GST output adjustment
  • Stock return to inventory
  • Customer account adjustment
  • Multiple reasons (return, discount, damage)
  • Print and email to customers
  • GSTR-1 compliant reporting

Debit Notes (Purchase Returns)

Return goods to suppliers with proper documentation.

  • Create debit notes against bills
  • Full or partial return to suppliers
  • Automatic GST input adjustment
  • Stock reduction from inventory
  • Supplier account adjustment
  • Quality issue documentation
  • Supplier approval tracking
  • GSTR-2 compliant records

Common Use Cases

Product Defects

Customer receives damaged or defective goods. Issue credit note for return or replacement.

Wrong Items

Incorrect products delivered. Credit note for return and re-invoice for correct items.

Price Corrections

Post-invoice discount approved. Issue credit note for the difference amount.

Handle Adjustments Professionally