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
- Central Accounts Payable for final approval.
A supporting attachment is required and should be added directly to the document in the Notes and Attachments tab. PDF versions are recommended.