What is Debit Memo & Credit Memo in Payables?
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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 |
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