(800) 388-3038 Contact  |  Support

Credit Memo

A document issued that reduces the amount of a receivable or increases the amount of a payable. These are used to record returned goods, defective goods or services, miscellaneous charges or credits, and error corrections.

« Back to Glossary Index
Cougar Mountain Software

Cougar Mountain Software develops leading on-premises accounting solutions that scale to clients’ needs while maintaining an unbreakable audit trail.