Debit Notes vs. Credit Notes: What You Need to Know" explores the fundamental differences between these two important financial documents used in business transactions. A debit note is issued by a buyer to a seller to indicate an increase in the amount owed, typically due to returns or discrepancies in the original invoice. In contrast, a credit note is issued by the seller to the buyer, reducing the amount owed, often for reasons such as overcharging or product defects. Understanding these documents is crucial for maintaining accurate financial records and ensuring clear communication between businesses and their clients.