This page provides information on how and when to use Vendor Credit Memos.
A Vendor Credit Memo document is used to record a credit from a vendor; the credit can be issued against a Purchase Order, a previous Payment Request document, or to a specific vendor.
The Vendor Credit Memo document routes to:
- Fiscal Officer
- Any Organization Review (optional)
- Central Accounts Payable for final approval.
A supporting attachment is required and should always be added directly to the document in the Notes and Attachments tab. PDF versions are recommended.