POA PROJECT Shamar McIntosh 10 Pool A Ms Griffiths INTRODUCTION ACKNOWLEDGEMENT TABLE OF CONTENTS DEBIT NOTE A debit note is a document issued by a seller to a buyer to notify them of current debt obligations. You’ll commonly come across these notes in business-to-business transactions – for example, one business may supply another with goods or services before an official invoice is sent. A debit note is used to notify buyers of current debt obligations. H CREDIT NOTE A credit note is a document issued by a seller to notify that credit is being applied to their account. A credit note is used when there has been an error in an already issued invoice, such as an incorrect amount, or when a customer wishes to change their original order.