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What is meant by a credit memo?

Answer Posted / mahesh wagh

when Material is rejected in quality management at that
time we reject vendor material so we give less amount for
rejected amount at that time credit memo is created. It is
one type of Subsequent credit but Subsequent is creat at
the time of less quantity receipt or some mismatch quantity
case.

Regards,

Mahesh wagh.

Is This Answer Correct ?    7 Yes 3 No



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