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Dear Sir / Madam
I am new to GP in a Company in Riyadh.
Please tell me why Credit and Debit Memos are created and how.
Please suggest me with Live Example.
Thanks
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Subhan,
You will issue Credit Memos to Customers or Vendors to reduce their balance. There can be many example , You may give Credit to Customer for wrong product, damaged product etc.
I hope this help.
Sandip
Thanks Sandip.
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