SAP FI CO (Financial Accounting & Controlling)
SAP FI CO (Financial Accounting & Controlling) Forum
Could you please tell me the differences between CREDIT MEMO and SALES INVOICE. Your help is highly appreciated.
Sales Invoice is a document raised and send to the customer for the Goods sold or Service rendered. This contains the details of Goods and Services like description of goods or services, quantity, per unit and price. Credit memo is issued to adjust the value of original invoice. If the price / quantity charged in the invoice is excess, or goods damaged, we will issue the credit memo to the Customer. Mostly customers will raise disputes regarding the fault or defect in the goods and we will give the credit memo. Customer will offset from the original Invoice, the value of the credit memo. Hope it clarifies your doubt.
Read Here at SAP FICO Forum to Get Answers for More Questions Like aforementioned.
Sign up for STechies
Ask Question From Our Experts
All the site contents are Copyright © www.stechies.com and the content authors. All rights reserved.
All product names are trademarks of their respective companies. The site www.stechies.com is in no way affiliated with SAP AG.
Every effort is made to ensure the content integrity. Information used on this site is at your own risk.
The content on this site may not be reproduced or redistributed without the express written permission of
www.stechies.com or the content authors.