If a return is made by a customer and the customer does not owe you any money, a refund check is issued along with a credit memo.

Name: If a return is made by a customer and the customer does not owe you any money, a refund check is issued along with a credit memo.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

A credit memo is issued to reduce the customer's account balance, while a refund check is issued to return the customer's money. If the customer does not owe any money, then a credit memo is not necessary and only a refund check is issued.

If a Return Is Made by a Customer and the Customer