https://aporaclepayables.blogspot.com/2019/07/credit-and-debit-memo-concept-oracle.html
Credit Memo. Negative amount invoice created by a supplier and sent to you to notify you of a credit.
Debit Memo. Negative amount invoice created by you and sent to a supplier to notify the supplier of a credit you are recording.
Credit Memo. Negative amount invoice created by a supplier and sent to you to notify you of a credit.
Debit Memo. Negative amount invoice created by you and sent to a supplier to notify the supplier of a credit you are recording.
Thnx Tariq,
ReplyDeletein addition,from system prespective;
Credit Memo ; could be created through AP Quick Credit function, that help user to fetch the same account dist as AP original invoice.
Debit Memo; could be created through Return To Supplier (RTS) function.
Thanks Again....
Ali