What is Debit Memo & Credit Memo in Payables?
Answer Posted / prashanth kumar
Debit Memo and Credit Memo functionality is same in Oracle
Payables i.e it reduces the vendor balances
but Debit memo issues by Company asking vendor to reduce
outstanding balance of the company where as credit memo
issued by Vendor or Supplier.
| Is This Answer Correct ? | 54 Yes | 10 No |
Post New Answer View All Answers
I am created credit memo in at but while trying to complete it showing error message-hz_party_location
What is the Use of Grouping Rule in Receivables ? is it mandatory field ?
What are the types of setups in apps inventory module
Please post the setups required to approve the payable invoice in AP.
What is difference between primary and secondary ledger
Charge Back Setups ?
Define the activities of the Configuration Manager (AP,GL,FA) in the team. Give examples
What are the inventory report to check inventory status.
how to do customization while doing oracle implementation. what is the role of functional consultant in customization?
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.
On what different real time issues you worked while doing P2P cycle implementation?
What kind of necessary ap information you gather from the client?
Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"
How to Reconciliation AP to CM ? How to Reconciliation AR to CM ?
How will account an advance of Rs.10000/- which is a permanent prepayment, can I make payment for this?