How to Create a Credit Memo in QuickBooks?

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To Create a Credit Memo in QuickBooks follow the steps given below.

A credit memo in QuickBooks is a document that records a credit or refund issued to a customer for a product or service they have purchased. In QuickBooks, a credit memo is created when a customer returns a product, cancels a service, or is issued a refund for any other reason. The credit memo reduces the amount owed by the customer and creates a credit Memo in QuickBooks that can be applied to future purchases.

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