what is the defference between credit memo and debit memo
- 3 Answers
- 9399 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / kranthioracle
In Payables
Debit memo will be rised by us, credit memo will be rised
by the supplier. Both memos increases the Laibility of the
Suppliers.
we will rise dedit memo when u return the good to supplier.
credit memo will be rised by supplier for any damaging
goods, discounts etc.
In Receivables
Credit memo- will be rised when ruturned goods from the
customer. it derceases the Receivable A/C of the customer
Debit memo- it increses recevable A/C of the customer(Any
additional charges)
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
List the types of flexfield?
What is the concept of soa governance?
pls send me out bound code of supplers,site,bankiformation code pls as soon as
Hi Friends this is preetham, i am searching for job on oracle apps(technical) i put 3 years fake exp, so any one please could you help me for realtime interview questions and 9739782164 this is my no srpsrp777@gmail.Com please guys please provide your no for contact i have a doubts i want to clarify
What does appl_top directory contain?
testing tools?
what is pay run id ?
please send me forms, xml pulisher questions,answers
Do you know what are user profiles in apps. Any examples you can give?
In sequence i want to 11 and 15th values how we will write?
What do you understand by concurrent programs?
List of all the modules under Manufacturing, Finance and Distribution in oracle applications?
Which oracle applications pl/sql standard apis you are familiar, have you used most of them?
what is global tempory table?
how to print multi lay outs,muti currency,muti language in xml publisher
