Processing adjustments

Credit and debit memos can both be used to make adjustments that increase, reduce, or reverse open AR items. Credit memos are used to make adjustments that reduce or reverse open AR items that are typically a debit balance. These transactions create accounting entries but no printable documents, other than transactions on batch and other audit-trail reports.

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Authorization levels for credit/debit memos
Credit memos for accrual dues
Enter and edit credit memos window
Debit memos for accrual dues
Enter and edit debit memos window