What Is The Difference Between A Credit Memo And An Invoice?

1.	What Is The Difference Between A Credit Memo And An Invoice?
Answer» Credit MEMO – A document that partially or fully reverses an original invoice amount. Invoice – A document you create in Oracle Receivables that LISTS amounts owed for the PURCHASES of goods or services. This document may list any TAX and freight charges. Credit Memo – A document that partially or fully reverses an original invoice amount. Invoice – A document you create in Oracle Receivables that lists amounts owed for the purchases of goods or services. This document may list any tax and freight charges.

Answer»

Credit MEMO – A document that partially or fully reverses an original invoice amount.

Invoice – A document you create in Oracle Receivables that LISTS amounts owed for the PURCHASES of goods or services. This document may list any TAX and freight charges.

Credit Memo – A document that partially or fully reverses an original invoice amount.

Invoice – A document you create in Oracle Receivables that lists amounts owed for the purchases of goods or services. This document may list any tax and freight charges.

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