A credit (memorandum) invoice is issued by a vendor when a discount, refund, or previous payment reduces the balance due. This type of credit is made to offset a previous invoice. If the credit exceeds the original balance, the vendor may refund the customer for the difference.
A credit (memorandum) invoice is issued by a vendor when a discount, refund, or previous payment reduces the balance due. This type of credit is made to offset a previous invoice. If the credit exceeds the original balance, the vendor may refund the customer for the difference.
A credit (memorandum) invoice is issued by a vendor when a discount, refund, or previous payment reduces the balance due. This type of credit is made to offset a previous invoice. If the credit exceeds the original balance, the vendor may refund the customer for the difference.