Credit Memo Data Model
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Customizable Lucidchart template (Note: May not reflect the most current version of the data model.)
Entities and relationships to adjust invoices through credit amounts for returns, overcharges, or other billing discrepancies. Credit Memos are linked to Invoices to reduce amounts owed or to apply as future payment credits, ensuring proper adjustments to customer balances.
Account, Credit Memo, Credit Memo Address Group, Credit Memo Invoice Application, Credit Memo Line, Credit Memo Line Invoice Line, Credit Memo Line Tax, Invoice, Invoice Line, Legal Entity, Sequence Policy