A document issued to a customer by a seller which reduces the seller's accounts receivable and its net sales. It also reduces the buyer's accounts payable and net purchases. A document issue [..]

A written or printed statement sent by a publisher or vendor to confirm an amount credited to the library's account. A credit is often taken by submitting a copy of the credit memo with an invoic [..]

A voucher for credit for goods or services.

  A notice sent to an ARC Accredited Agency from an ARC participating carrier, representing money due to the ARC Accredited Agency from an ARC participating carrier (i.e. commission).

A Credit Memo, in terms of goods or services, is issued by a seller in order to reduce the amount that a customer owes from an earlier sales invoice. A credit memo may be issued based on a buyer returning goods, taking an allowance, a price dispute, or other reasons where the buyer is no longer obligated to pay the full original amount of the Invoi [..]

Cross-Aged Accounts (10% rule)

In Workday, a credit memo is a customer invoice adjustment that decreases the amount due. A credit memo for suppliers is a supplier invoice adjustment that decreases the amount owed.

typically occurs when a customer returns a product for credit or refund. credit ok A part of automated credit management, the words credit OK

A document issued to a customer to show proof of a deposit or refund.