FREE 10+ Credit Memo Samples & Templates in PDF

A memo is a written or printed document containing information used as a communication tool in businesses, organizations, and other entities. A memo can be an informal memo or a formal one depending on how it is used and the type of information or data it contains.

In business, writing a memo is essential in communicating between the different departments within the company. It can also be used for requests, announcements, and calling for meetings. In this article, you will find a variety of memo samples, specifically a credit memo sample, to help you create and outline your own document.

Simple Credit Memo Template

Sample Credit Memo Template

Credit Memo – Excel Template

Sample Restaurant Credit Memo

Loan Credit Memo Template

Credit Memo Acceptance

Credit Deposit Memo

What Is a Credit Memo?

A credit memo is a document commonly used in businesses. It is issued by a seller to the buyer or purchaser of goods and services to indicate that a certain amount of credit is given to the buyer. There are various instances when this can happen. For example, if a buyer purchases a number of products and goods from the business and some of these products are damaged or the items delivered are incomplete, the seller repays the buyer and acknowledges it through a credit memo. Refer to the sample credit memo on this page if you need references in creating one.

How Does a Credit Memo Work?

A credit memo serves as an acknowledgment that a particular business or company has received the goods and products returned by the buyer or purchaser. A credit memo works as a basic document provided for by the seller in case the goods and products that have been delivered to the client or buyer has a defect, is damaged, or it is an incorrect item. It can also be issued if the buyer has been overcharged or on instances where an excess amount has been paid. A business or seller may either repay the client in cash or credited to his/her account for future purchases. A credit memo template and a free sample memo are available for download in this article.

Agency Credit Memo

Request for Credit Memo

Customer Credit Memo

Free Credit Memo

How to Write a Credit Memo

Sending out credit memos are a simple way of fixing any errors in the accounts of both the seller and the buyer. It is important to understand how to write a credit memo that you can provide to your clients. The steps in writing a credit memo are as follows:

• Download from our sample memo and memo templates in order for you to have a well-made template.
• The first thing that you will need to do is to provide a title in your document by writing “Credit Memo” at the first section of your form.
• Write the customer’s information such as the name, customer number, and other important information.
• Include that date when the credit memo is issued as well as the credit memo number, and invoice number.
• Write the items being credited to the buyer and include the quantity and the price of each item.
• Add the subtotal, tax charges, and the total credit amount.

Tips to Create an Effective Credit Memo

Here are some tips to help you create an effective credit memo:

• Ensure that you refer to the transaction invoice when creating a memo to be able to gather the correct data.
• Proofread your credit memo before sending them out to your clients.