Credit and Debit Memos
Enter a credit or debit memo to record a credit for goods or services purchased. Credit/debit memos are netted with basic invoices at payment time.
- Credit Memo. Negative amount invoice created by a supplier and sent to you to notify you of a credit.
- Debit Memo. Negative amount invoice created by you and sent to a supplier to notify the supplier of a credit you are recording. Usually sent with a note explaining the debit memo. See: Invoice Notices.
This discussion includes the following topics:
