QuickBooks uses credit memos when a customer gets a refund for a product or service and receives store credit. These credits appear in the Accounts Receivable register within the Customer Center.

Business accounting can cause headaches for a variety of reasons but, if done right, issuing credits to your customers does not have to be one of the causes. Credit memos are a simple way of adjusting ...

Credit means different things depending on its context. For example, the amount available to borrow from a vendor. A credit in accounting is a journal entry with the ability to decrease an asset or ...