Recording and Issuing Credit Memos

What is a Credit Memo?

Short for "credit memorandum" and also known as a credit note, a credit memo is a document that reduces a customer's or client's total account balance. Credit memos may be applied to future purchases of goods or services.



* This article was originally published here Check out https://www.johannakimball.com

Comments

Popular posts from this blog

4 Common Misconceptions About the New 1099-K Reporting Threshold

EU-U.S. carbon tax proposed by German Greens to restore alliance