What is charge backs in receivable ? and what type of
entries it will come ?
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Answer Posted / surendra
charge back means decreasing the liability of a customer. it
will be done if the customer has done some payments towards
the invoices. there are some other options are there.
i.e.creation of credit memo. but it can be apply only when
the customer has not done payment.
| Is This Answer Correct ? | 4 Yes | 8 No |
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