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The Importance of Delivery Note

Updated: Sep 12, 2022

Accounting Acer Series 4

As promised in our accounting series 3 post, we're here today to talk about

📌What is Delivery Note and

📌Why it is important to determine your asset ownership...

What is a delivery note?

A delivery note is a document that accompanies a shipment of goods. It provides a list of the product and quantity of the goods included in the delivery. It also known as “good, received note.”

A common delivery note includes:

  • The name and contact of the seller

  • The name and contact of the customer

  • The date of issue

  • The date of delivery

  • Description of the goods contained in the order

  • The quantity of each product included in the shipment.

What is the purpose of a delivery note?

If you send a delivery note with your shipment of the items, it might be utilized as a checklist by your customer to ensure that everything is there. A delivery note must match every item in related shipment.

It also specifies whether any items from the initial purchase are not included, giving the recipient a complete picture of what was ordered and what was delivered.

The recipient must sign the copy of the delivery note, which is then given back to the consignor or seller as confirmation of delivery. Thus, a proof where the transfer of ownership of the assets has been done.

Now you have a better understanding of the importance of having delivery note.

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