A debit memorandum, or debit memo for short, is notification from a buyer to a seller that tells the seller that a debit was made in the sellers account on the buyers books. To put it simply, a debit memorandum is a way for a buyer to inform the seller that it wants a refund or discount on its purchase.
A debit memorandum, or debit memo for short, is notification from a buyer to a seller that tells the seller that a debit was made in the sellers account on the buyers books. To put it simply, a debit memorandum is a way for a buyer to inform the seller that it wants a refund or discount on its purchase.