What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It can provide information regarding an upcoming invoice or serve as a ...

The Federal Board of Revenue (FBR) has introduced the concept of 'credit and debit notes' in the federal excise regime on the pattern of sales tax to facilitate both the suppliers and the buyers in ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Debit notes are a form of proof that a business has created a legitimate debit entry in the course of dealing with another business. This might occur when a purchaser returns materials to a supplier ...

There have long been arguments between taxpayers and the Thai Revenue Department over credit notes issued for the purpose of price adjustments. Recently, the Central Tax Court has issued two ...