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what is the defference between credit memo and debit memo
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Answer / santhaebenezar
creditmemo:
this is the negative amount after creating the standard
invoice supplier gives the discount
debit memo:
this is also negative amount where company will deduct the
amount from standard invoice due to bad quality or
delivery delay
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / rb
Credit Memo : An memo to customer representing credit
towards already invoiced goods and services ( treated
negative wrt invoice)
Debit Memo : An invoice you enter for a customer towards
charge for goods and services not included in original
invoice ( treated positive wrt invoice)
| Is This Answer Correct ? | 8 Yes | 3 No |
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