Debit Note for price adjustment

Question:

We created a Purchase Invoice for an item worth INR 20,000. We need to create a Debit Note to revise the item's price to INR 15,000. Can we handle price fluctuations using a Debit Note.

Answer: You can very much create a Debit Note against an Invoice itself for price adjustment. In the Debit Note, for the Items, only enter the amount by which you wish to reduce the price.