Debit memo,

[former_member681145]

Debit memo,

We know credit memo we are using when customer return the material ,But where we can and wt business scenario we will use debit memo?

Regards

Ishikesh

[Former Member · Accepted solution]

hi,

Credit note- will be issued to the customer ,if the company charges more than actual.simply company has to pay to the customer-

eg: Goods might be damanged in transporation,which cant be taken back into plant,but customer already charged for these goods. Sometimes company will deliver the same amount of goods to customer or sometimes issues the credit note for the damaged goods.

debit note:- whle doing transaction in system,user mistakenly entered less value and there is no min/max value check & its paid by the customer.Client take the notice to the customer & issues debit note,vch means-customer has to pay the balance amount to the company.

Credit for returns:-

damaged goods,rejected goods will be placed an order by the customer to take those goods back in plant.

then the goods will be coming within company,nothing company receive goods frm customer & for these goods which already settles the amount will be issued a credit note for these returned goods.

2.What is the difference between credit note and credit memo request & Debit note and debit memo request?

creating sales order to issue the credit note is -Credit memo request & doc cat -K

lly, for debit note -- debit memo req & doc cat - L

credit/debit note is billing doc - G2/L2, check in VOFA transaction

Credit /debit note req - VOV8 trans

Regards,

pavan

[Former Member]

Ishikesh,

Debit memo we issue when we have to charge customer some extra money.

one scenario may be : When you are sending say 100 Qty of goods to customer and after billing you got to know that due to some human error the total quantity delievered was 101. So in that case u will raise debit memo.

Statistically speaking We rarely use debit memo.

Thanks,

Raja

[former_member681145]

thaks all