Page Comparison

Credit Memo

Credit memos Memos are applied posted to a the client’s account via the Accounting screen → Credit/Debit Memo tab. Credit memos Memos represent a liability until they are applied to an order balance, or refunded, via the Cashier screen. Unlike a Client Credit, Credit Memos do not result from an associated cash asset. When they are posted to an order, they are converted to an expense; or, if refunded, they reduce cash assets.

User Interface

Data Model

Data Flow

Reports

Example T-Accounts