Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is debit memo and credit memo in AR?

Answer Posted / narasimha gaddam

Debit mememo and credit memo are transaction types in
AR.Debit memo is created when we charged the customer less
amount instead of charging correct amount, in that case we
crate the the debit memo with short fall amount.

Credit memo is exactly oppsite to debit memo. this is
created when we chareged more amount insteted of correct
amount. in that case we create the credit memo with
diffential amount. Credit memo will be created with
negetive amount. Credit memos are two types. one is credit
memo against specific transaction and the other one is on
account type.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How would you go about increasing the buffer cache hit ratio?

2535


what are basic modules required to implement oracle application in any oraganisation?

2144


Which is the best institute in Hyderabad to learn OBIEE and DataStage?Please tell me faculty name also

2215


while creating requisitions i am unable to see the list of organisation can anyone help me out ?

2095


How do you create a credit note against an invoice? : oracle accounts receivable

1022


3. Steps in UAT?

2356


What are the advantages of operating a database in ARCHIVELOG mode over operating it in NO ARCHIVELOG mode in Oracle?

1070


TILL WHAT LEVEL OF SECURITY BO SUPPORTS?

3480


How to move the data from one flatfile to multiple staging tables?give me some examples? for example in po interface one flat file is there and multiple staging tables are there how can move it?please give me answer for this question?

2354


Explain the process of recievables in oracle financials. : oracle accounts receivable

1100


What is chargeback invoice? How do we create it? : oracle accounts receivable

1277


What is Tax Categories?

2047


Explain the difference between $ORACLE_HOME and $ORACLE_BASE.

7561


i want to know about the javaBean.what is its purpose and how it can use in Forms.

2404


difference of using cursor for loop and open,fetch,close.which one is better

1732