Skip to content
Sayl

Finance, GST & Accounting · Purchases & Expenses

Debit Notes

Issue debit notes in Sayl Finance to reduce what you owe a vendor for returns, price reductions and corrections.

Try it in the live demoFinance → Purchases & Expenses → Debit Notes

What it is for

A debit note reduces what the business owes a vendor against a bill that is already open - a purchase return, a price reduction or a correction.

How it works

  • A debit note is saved as a draft first. Issuing it posts it to the ledger and reduces the bill's balance - and each line needs an expense account before that can happen.

Step by step

Every screenshot is from the live demo. The highlighted button is the one to click - nothing here is saved in the demo, so you can follow along freely.

  1. 1

    Open Debit Notes

    Finance → Purchases & Expenses → Debit Notes.

    Debit Notes - Open Debit Notes
  2. 2

    Click New debit note

    The button is at the top right (highlighted).

  3. 3

    Choose the bill and the reason

    Pick the open bill - each option shows the vendor and amount - and describe why, for example goods returned to the vendor.

    Debit Notes - Choose the bill and the reason
  4. 4

    Enter the credit lines

    Add a description, the expense account, the amount and tax %.

  5. 5

    Save and issue

    Click Save draft (highlighted), then issue it to reduce the bill.