Time is an important resource that each business treasures and tries to change into a reward. When selecting document management software, take note of a clutterless and user-friendly interface that empowers customers. DocHub delivers cutting-edge features to improve your document administration and transforms your PDF file editing into a matter of a single click. Insert Arrow to the Credit Memo with DocHub in order to save a ton of time and increase your efficiency.
Make PDF file editing an simple and intuitive process that helps save you a lot of valuable time. Quickly adjust your files and deliver them for signing without looking at third-party options. Focus on relevant tasks and increase your document administration with DocHub starting today.
[Music] now we will process a transaction that is a bit more challenging a credit memo on February 10th we returned $75 of damaged office supplies to Williams office supply company for credit using credit memo cm to four or five so this transaction is saying were returning some damaged office supplies for credit recall that back on February 6 we purchase $475 of office supplies from the company on account this means our accounts payable increased or was credited because we did not pay for them at the time notice that it says that the office supply company is giving us credit that means they are lowering our accounts payable cents if we return some of the office supplies we owe them less but what the heck is a credit memo Im glad you asked a credit memo is a contraction of the term credit memorandum now a credit memorandum has way too many syllables so no one calls with that we just call it a credit memo so a credit memorandum is a document issued by the seller of the goods in this ca