Download Credit Memorandum/Memo Invoice in Microsoft Word

Credit notes are generally referred to as commercial documents which are issued by the sellers to buyers. This type of invoice lists down various components such as the products, their quantity, prices agreed on products, and many other key details of the business. It can be given for various reasons such as for damaged goods, determining errors, or keeping track of the allowances.

In relation to the earlier issued invoice, a credit memo invoice usually decreases the amount of money that the buyer is liable to pay. To make it clearer, this invoice will reduce the amounts which are shown as receivables in the invoice template.