DEBIT MEMO AND CREDIT MEMO IN AR

[mstapps]

pls any explaine me DEBIT MEMO AND CREDIT MEMO IN AR


advance thanks
mstapps

[oteixeira]

Hello.

DM works like an invoice, it increases the balance due from your customer and it can be issued for many reasons, like correction of an invoice.

CM works the opposite way.

Both documents can be applied against each other if they belong to the same customer.

Octavio