An agency credit memo is an official notification that a travel agency has overpaid an airline for a ticket.
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A credit memo is a document that?
An agency debit memo is an official notification that a travel agency has underpaid an airline for a ticket.
a credit memo is getting credit for something that should have not been charged. a demo memo is billing someone incorrectly.
The primary difference between credit and debit memo is where it originates. Credit memo is raised by a supplier to a consumer when goods are returned, while debit memo is raised by a consumer towards the supplier.
A Debit Memo is a over payment A Credit Memo is a over payment