Managing Day To Day Operations

Understand Your Accounting Terms

FCD BREAK

Debit Note of 1.5% get raised and bill get converted from FCD to RCD (3.5%)

CHEQUE RETURN (LOCAL CASE)

Debit Note of 2% of Cheque Amount + Rs.100 per instrument (cheque) + 18% GST

RCD BREAK

Debit Note of 3.5% get raised and get converted into OD

DEBIT VOUCHER

Debit Note is raised to charge the dealer for wrong collection or wrong credit benefit in the dealer account

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