what is the difference between a cash memo and a bill ?
Answers were Sorted based on User's Feedback
Answer / dipankar mandal
Cash memo is the receipt of payment for a certain amount for any product/products or service/services.cash memo is issued after payment.
Bill is a statement of item/items with a certain amount for any product/products or service/services.Bill is issued before payment.
Is This Answer Correct ? | 31 Yes | 1 No |
Answer / krishna phukan
Cash memo is the receipt which shows the sales of products
or services.And a bill is a statement or list of items.
Is This Answer Correct ? | 44 Yes | 16 No |
Answer / ekta
Cash memo is used for cash purchases whereas a bill is used to show credit purchases.
Is This Answer Correct ? | 13 Yes | 4 No |
Answer / rani rajkumar
cash memo is made after the payment done and invoice is made for the products which which we purchased and is not necessary that payment has done against it.
Is This Answer Correct ? | 14 Yes | 7 No |
Answer / himanshu sharma
Cash Memo Use for cash Payment and Invoice words use for on make a Request for Payment.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / subhash saini
Memo Use for Services example a job work company & Bill for use Items, Sale or Purchases.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / chaand ram chauhan
Bill shows the list of particulars purchased without making a payment. On contrary to this, cash memo is a receipted bill paid on counter showing the remarks 'cash received.'
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / muhammad ali khan
Cash memo submitted after expenditure statement attached by person and bill submitted for which made to the vendor on cash or by cheque
Is This Answer Correct ? | 1 Yes | 0 No |
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