Account Receivables

Debit Note
A debit note is a document sent by an organization to a person, indicating the recipient's indebtedness to the organization for the amount shown. Debit notes are less common than invoices and are used in specific scenarios such as inter-company transfers other than the sale of goods or services.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.