Do you know when and how they should be used? Here are the basics.Ī credit memo is just what it sounds like. QuickBooks provides forms that allow that transfer of funds: credit memos and refunds. There are times, though, when you have to issue a payment to a customer. It simplifies the process of recording payments and it offers reports that let you keep track of it all. It supports online payments, so you can accept debit or credit cards and electronic checks. It comes equipped with customizable invoice templates for billing customers and sales receipts for recording instant sales. QuickBooks is very good at helping you get paid by your customers. You’re accustomed to money going in a certain direction, but sometimes you have to pay your customers.
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