A Credit Memo sets forth the amount of credit issued to a customer. It includes the invoice number, the person to whom the credit is issued, and the credit amount.
- The seller, credit the accounts receivable. Send a credit memo to let the other party know.
- The buyer then receives what is being called a credit memo and they’re going to do the opposite. They’re not going to credit, they’re going to debit something, and that’s going to be their accounts payable when you receive a memo. The buyer does the opposite.
- The buyer then acknowledges the receipt by issuing a debit memo.
Related Forms:
Other Forms
- Affidavit Forms
- Assignment Forms
- Attorney Forms
- Bankruptcy Forms
- Bill of Sales Forms
- Borrow, Lend & Collection Forms
- Business Forms
- Confidentially Forms
- Contract Forms
- Copyright Forms
- Corporation Forms
- Credit Form
- Declaration Form
- Deed Forms
- Divorce Forms
- Employment Forms
- Entertainment Contract Forms
- Family Law Forms
- Free Will Forms
- Government Form
- Health Care Forms
- Homestead Form
- Indemnity Agreement Form
- Intellectual Property Forms
- Internet Forms
- Landlord and Tenant Forms
- Lease and Rental Forms
- Letter Forms
- Limited Liability Co. Form
- Non-Compete Forms
- Non-Disclosure Forms
- Notice Forms
- Parental Permission Forms
- Partnership Forms
- Power of Attorney Forms
- Premarital Forms
- Promissory Notes
- Real State Forms
- Release Forms
- Sale & Purchase Forms
- Technology Forms
- Trademarks Forms
- UCC Forms
5/5
0
Downloads
"Formscatalog.com is my go-to-site for my templates and document needs."
Charles T. Bachman
Lawyer