What is a credit memo invoice? A credit memo is a document that is used in different businesses to calculate the total amount of credit, sales tax, and a lot more. This document assists in reimbursement. How does a credit memo invoice work? When the buyer receives the defective items, the seller issues the credit memo invoice to the seller in which the amount that the buyer owes is reimbursed. The credit memo invoice clearly states why the seller is issuing it. The reason for reducing the price is specified in the memo. A credit memo invoice is an abbreviation…
