Answer / alok kumar jena

When goods are returned to vendor by the organisation,debit
note is prepared by the organisation.When goods are
returned by customer to the organisation, credit memo is
prepared by the organisation.

Answer / shamim ahmed

Sales
we as supplier Credit memo rs. 500 -ve to our customer for bonus amount.
customer receive -500 A/P

Purchases
we as customer Debit memo rs. 500 -ve to our supplier for defective goods.
supplier receive -500 A/R

Answer / che wamucho

debit memo= issued by the supplier to show the amount it
owes the customer after noticing it short-change the latter

credit memo= from the customer to the supplier

Answer / mohammad sarwar

Debit Memo prapared by supplier and cridet Memo raised by
Organiztion or firm to supplier.

Answer / rahmath

in simple way to say the ...

debit memo: increases the customer balannce..
credit memo: decreases the supplier balance..

Answer / gopi kanth

Debit memo is raised by supplier to us when we return goods
and Credit memo is raised by us towards supplier.There is
also mixed memo which is combination of noth debit and
credit memo

Answer / sita

In AP, both debit and credit memo are perform same task.
Debit memo raised by supplier to us and credit memo raised
by us to supplier saying we are due to him. both will be
mention in -ve amount

what r the errors we will get while oracle financial implementation in accounts payable and please how u have solved those errors

1 Answers  

What is Zero-Payment in AP

4 Answers   DELL,

What all elements is set for the Responsibilities ?

3 Answers   IBM,

explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.

0 Answers   Infosys,

What is is "Depreciable Basis" which is coming in "Asset Register Report" in Oracle Fixed Assets. How to calclate the Original Cost to get the same value which is coming in the Report. I got the information that Cost - Salvage Value. Its working fine only with One Addition. If we have multiple additions, then I am not getting calculated these Depreciable Basis Amount which is coming in Asset Register Report. Can any one help me out in getting this value calculation Please. Thanks & Regards, Rajkumar Peddi Cell: 9849024872

1 Answers  

what are the jvs effcted in ptp cycle?

2 Answers   Satyam,

if you are not having a cashmanagement module how to reconcile or how to clear the transactions?

2 Answers   Genpact,

As Supplier Header Information can share from another operating unit. Not Sites and other information...... but for a supplier if one OU(1) has made a prepayment..and other OU(2) of the same balancing segment has to make a payment to the same supplier..the prepayment available with that supplier is overlooked or not considered….is it true

1 Answers  

Can anyone tell me why in some tables in AR , AP, GL modules they r using int_all after every table

2 Answers   Accenture,

segment qualifier types and usage

4 Answers   Cap Gemini,

Can I find out which invoices are matched to a PO?

2 Answers  

1: At the time of perido end process we use one sweep progrem? what is it and explin the process? 2:How to import the accounting entry's from Ap to GL? plz explain?

2 Answers   BirlaSoft, DELL,