The Free Printable Credit Letter / Credit Memo is a letter template in Microsoft Word format that can be used to send to clients who have overpaid for a bill, returned an item or generated some form of credit to their account.
The credit memo is also used buy a business to notify them they are reducing the amount of money the customer owes based on the terms of an earlier invoice. You can also notify the customer that they can use the letter to offset a future invoice.
Credit letters are used as a common courtesy in business for clients that have a positive balance in their credit account, which is an effective way of promoting more sales and developing loyalty.[adinserter block=”13″]