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What is Debit Memo & Credit Memo in Payables?
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Answer Posted / harish
In Oracle payables, both debit memo and credit memo are one
and the same and are used to reduce the supplier's
liability for the goods returned to him. The former will be
prepared by us and the later will be prepared by the
supplier and sent to us.
| Is This Answer Correct ? | 31 Yes | 13 No |
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