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- Mon Apr 23, 2012 3:45 am
- Forum: Financials (GL, AP, AR, FA & CM)
- Topic: Credit Memo
- Replies: 2
- Views: 2134
In case of AP, both debit memo and credit memo will reduce the balance of supplier unlike AR......for eg: Say an organisation rejects certain material of an invoice amount, then it will raise an debit memo to reduce the supplier liability...In contrast to this say you got an discount from the suppli...