what is the difference between credit memo and debit memo?...
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Answer Posted / bhargavi garikapati
Both the Credit Memo as well as Debit Memo purpose is
decrease the invoice amount.
Credit Memo: If the supplier is asking to decrease the
amount then it is a Credit Memo.
Debit Memo: If the company is going to decrease the amount
then it is a Debit Memo.
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