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What is the difference between Purchase CN vs Sales CN?
Author: Xin Yi Wong Reference Number: AA-00844 Views: 1801 Created: 2014-05-06 09:36 Last Updated: 2014-05-06 09:36 0 Rating/ Voters

Purchase Credit Note also referred to as "PCN"; is used to address debit note received from the supplier. Under normal circumstances it supplements the original billing raised earlier such as under billing, extra charges incurred and so forth.

 

Sales Credit Note also referred to as "CN"; this function is used to address credit note issued to the customer. Under normal circumstances it is issued to contra against the original billing raised earlier such as over billing, goods returned, extra discounts to be given and so forth.

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