What Is Debit Memo And Credit Memo In Ap?

1.	What Is Debit Memo And Credit Memo In Ap?
Answer» Its negative AMOUNT identified by CUSTOMER and sent to SUPPLIER. EX: Purchase Returns. Its negative amount identified by Supplier and sent to the Customer. Ex: TDS PAYABLES. Its negative amount identified by Customer and sent to Supplier. Ex: Purchase Returns. Its negative amount identified by Supplier and sent to the Customer. Ex: TDS Payables.

Answer»

Its negative AMOUNT identified by CUSTOMER and sent to SUPPLIER.

EX: Purchase Returns.

Its negative amount identified by Supplier and sent to the Customer.

Ex: TDS PAYABLES.

Its negative amount identified by Customer and sent to Supplier.

Ex: Purchase Returns.

Its negative amount identified by Supplier and sent to the Customer.

Ex: TDS Payables.

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