If a seller discovers that he had understand a buyer, which of the following documents will use to correct the error?
Answer Details
If a seller discovers that they have made an error in understanding a buyer, the document that they would use to correct the error is a debit note.
A debit note is a document that is sent by a seller to a buyer to inform them that there has been an overcharge or an error in the original invoice. It is essentially a request for the buyer to pay back the excess amount that was charged or to correct any other error that was made.
For example, if a seller mistakenly charged a buyer for 100 units of a product when they only received 50 units, the seller could send a debit note to the buyer requesting that they pay back the excess amount that was charged for the extra 50 units.
In summary, a debit note is the correct document to use when a seller needs to correct an error in understanding a buyer and request payment for any excess amount charged.