Now, continue reading the guide to know how to add credit memo to invoice in QuickBooks Online. Please note credit memos impact the sales reports even when you don’t apply any credit memos to the invoices. Credit memos can also be used when you record the payment for an invoice of your customers.In addition, customers can use the credit memo or a portion of the credit memo. Your customers can also use the credit memo as payment for the invoice.When your customer asks for reducing the current open balance immediately, you can use the credit memo.In the following points, you can find when you or the customer may need to create the credit memos to apply to the invoice( Create an Invoice in QuickBooks). There can be different instances when you should use credit memos. When Do You Need to Use Credit Memos in QuickBooks Online?Ĭredit memos can be used by both the owner and the customers. Scenario 2: When the Vendor Issues the Refund Check.Scenario 1: When the Vendor Issues Credit Document.
