If my bank account has a debit memo transaction, what does that mean

Answer

A debit memo is a transaction that reduces Amounts Payable to a vendor because, you send damaged goods back to your vendor.

Categorized In: Finance & Economy

Source: What is Debit note and Credit note | www.sap-img.com

Description: A debit memo is a transaction that reduces Amounts Payable to a vendor because, you send damaged goods back to your vendor.

Oct 29 2009, 06:02pm

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