Debit Note: Debit note means, it is a note raised by the when goods retur

What is Debit Memo & Credit Memo in Payables?

Question Posted / jharsa

Answer Posted / jharsa

Debit Note: Debit note means, it is a note raised by the
when goods returned by the debtor i.e. by the customer who
bought goods from seller.

Is This Answer Correct ?

4 Yes

2 No

Please Help Members By Posting Answers For Below Questions

What is automation of accounts payable activities (evaluated receipt settlement)?

1245

Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples

2512

difference between primary ledger and secondary ledger in r12

1538

what is the steps to customization ?

2384

Please post the setups required to approve the payable invoice in AP.

2247

What is the Process of Reconciliation Between AP to GL

1660

What is the Invoicing System in Oracle R12

1415

What is Work Flow of AP,AR, Sales & Purchase

2473

Explain about Localization (IND & US ) in Oracle Apps ?

3150

What kind of necessary ap information you gather from the client?

1083

Provide an overview of AR cash receipt processing.

2619

What is multi org? What is difference between 11i and 12i multi org structure?

1086

What are the inventory report to check inventory status.

2456

What is the db number of a particular customer TCA?

1356

What do you mean by Category Set ? and what is its Relevance ?

2421