Debit Note Generator
Issue a debit note when you billed too little, or to tell a supplier you're returning goods.
How to use the Debit Note Generator
- 1Enter the original invoice details.
- 2List the extra amount or returned items.
- 3Pick the reason and download.
When to use a debit note
A supplier issues a debit note when the taxable value or tax charged was lower than it should have been. Buyers also commonly send a debit note to a supplier when returning goods, asking for a credit.
How the totals are calculated
Each line's taxable value is quantity × rate − discount. GST is taxable value × rate, rounded to the paisa. For a sale within your state the GST is split equally into CGST and SGST; for a sale to another state it's charged as IGST. The grand total can be rounded to the nearest rupee with the round-off shown separately. These are the same calculations BolHisab uses in its books.
Frequently asked questions
Is a debit note reported in GST returns?
Is a debit note reported in GST returns?
A supplier's debit note is reported in GSTR-1 and increases output tax.
Debit note or credit note for a purchase return?
Debit note or credit note for a purchase return?
The supplier issues a credit note; the buyer may send a debit note as a request and record.
Does it need the original invoice?
Does it need the original invoice?
Yes, reference the original invoice number and date.