Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between the credit memo and Debit memo?
- 5 Answers
- 16687 Views
- KPIT, TCS, I also Faced
- E-Mail Answers
Answer Posted / shridevi.hiremath
Credit memo: A sales document created on the basis of a
customer complaint. This reduces receivables in Financial
Accounting.
Debit memo: A sales document created on the basis of a
customer complaint. This increases receivables in Financial
Accounting.
You may need to create credit memos for various reasons (for
example, because of defective goods or because you have
overcharged a customer). Similarly, you may need to create a
debit memo, if, for example, you have not charged the
customer enough.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
can we define 2 different currency revaluation at a time??
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
What is difference between primary and secondary ledger
What is gap analysis, how do you defined?
What is gap analysis, what are the pre-requisities?
Provide an overview of AR cash receipt processing.
How do u bridge the gaps in functional understanding of AP,GL,FA. explain with some live examples.
What are the inventory report to check inventory status.
What kind of necessary ap information you gather from the client?
what r issues faced in gl
Hi I'm new in ERP - Oracle Application i appriciate if any one help me in this issue i need SQL to get badeget balance Acutal Balance Encumbrance Balance fund Avalable thanx ahmed
Difference between header level tax calculation and line level tax calculation
What is the use of gl set of books name, while configure multiorg?
difference between 11i&r12
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
