Financial transactions are very important between a client and a provider. As much as one cultivates a relationship, it is the numbers in black and white that can make or break a deal. This is why your company, big or small, should always have a standard and simple credit memo format at its disposal. The fact of the matter is that you will eventually encounter a returned item for which you need to refund a client, or a discount that results in a credit to an account. Being able to quickly access a tool that will help document the credit is essential for good and accurate bookkeeping. A memo template in a standard and simple format guarantees that your whole staff is able to record accurately and precisely the information you need to document the transaction, which in turn allows you for better use of your time.