• From: Romania, Bucharest
  • Registered: 03/07/2016
  • Posts: 17

Topic: Isn't it Supplier Debit Note? Why do you call it Credit Note in FA?

When we return items to a supplier we debit (reduce) supplier balance. Shouldn't we call Supplier Credit Note 'Supplier Debit Note' in FA?

As I understand, the science is simple, we issue credit note when we credit supplier's or customer's account in our books. The same way we issue debit note when we debit customer's or supplier's account.

For example, Bank gives you Debit Advice (document) when they debit (reduce) your account. Why do we call it Supplier Credit Note when we are actually debiting their account?

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: Isn't it Supplier Debit Note? Why do you call it Credit Note in FA?

Probably because it is the prerogative of the Supplier to provide us the credit note that we take cognizance of in our books.

apmuthu's Website

  • From: Romania, Bucharest
  • Registered: 03/07/2016
  • Posts: 17

Re: Isn't it Supplier Debit Note? Why do you call it Credit Note in FA?

Thanks for your reply,apmuthu. I think you should rename it to Supplier Debit Note to make it more understandable. All of documents in our books are named from our perspective.

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: Isn't it Supplier Debit Note? Why do you call it Credit Note in FA?

You can probably either hardcode it yourself or modify the string in the .po file and then compile the .mo file and use it to suit your understanding.

apmuthu's Website