What action completes the settlement of a debit memo in AMM?

What action completes the settlement of a debit memo in AMM?

• A. Carrier approval
• B. Automated 60-day hold
• C. Submission of the IAR sales report by the ARC accredited agent
• D. Customer payment

Answer: (C)

The action that completes the settlement of a debit memo in AMM is the submission of the IAR sales report by the ARC accredited agent. This report provides the verified sales data that reconciles the debit memo against actual ticketing and revenue, allowing ARC to clear the adjustment in the settlement system. Without the IAR submission, the debit memo remains unresolved in the settlement loop. Carrier approval, an automated 60-day hold, or customer payment don’t complete this reconciliation process.

The action that completes the settlement of a debit memo in AMM is the submission of the IAR sales report by the ARC accredited agent. This report provides the verified sales data that reconciles the debit memo against actual ticketing and revenue, allowing ARC to clear the adjustment in the settlement system. Without the IAR submission, the debit memo remains unresolved in the settlement loop. Carrier approval, an automated 60-day hold, or customer payment don’t complete this reconciliation process.