Difference Between a Debit Note and a Credit Note

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Most businesses use a debit note and a credit note as official documents for sales and purchase returns in accounting transactions. The difference between a debit note and a credit note is not difficult to understand. You can understand the use of a debit note vs credit note through accounting software like Eazybills.

Credit Note vs Debit Note

The seller of goods uses a credit note while the buyer uses a debit note.
A credit note is to confirm that the seller has accepted the purchase return. However, debit notes are issued to return the goods for some reason.
Red ink is used to issue a credit note while blue ink is used to issue a debit note.

Debit Note and Credit Note in GST

Eazybills will help you create bills with GST. It also includes both debit and credit notes. A debit note in GST is issued when goods are not as per the buyer's requirement. While a seller is under charge or a buyer purchases extra goods, a credit note is issued.
Debit note and credit note in GST are different. Buyer gets informed of credit in account through a credit note. On the other hand, buyers sent additional items or undercharged under a debit note.