Create Debit/Credit Note Against Sale/Purchase

Now, you can create Debit Note against the Sale Voucher and a Credit Note against the Purchase Voucher by selecting the new options added in Journal Voucher Configuration settings.

To select the ‘Create Debit Note Against Sale‘ option, see the picture below:

The Sale Bill will be used as a Debit note against the party (shown in the picture below):

The following picture shows how Debit Note will appear in GSTR-1 for Sale Bill.

In Case of Purchase Voucher

To select the ‘Create Credit Note Against Purchase‘option, see the picture below:

The Purchase Bill will be used as a Credit note against the party (shown in the picture below):

The following picture shows how Credit Note will appear in GSTR-2 for Purchase Bill.