Question in Payable Credit Memo Invoice
Posted: Sun Sep 21, 2008 4:16 am
Please I can not under stand why the credit memo in payble must has a negative value
debit with negative is ok
debit with negative is ok
Hello.
Normally, a Credit Memo refers to what your supplier has invoiced to you and what you have really received. It also might have to to with differences on contracted and invoiced price. So, the same way a standart invoices is positive, a credit memo must be negative in order to nullify the difference.
Hope this helps.
Octavio