Difference Between Business & Premier Accounts on PayPal. PayPal's Premier and Business accounts are intended for people or businesses that handle a high transaction volume, usually for buying and selling or Internet-based companies.
The segments of the memo should be allocated in the following manner: 1  Header: 1/8 of the memo. 2  Opening, Context and Task: 1/4 of the memo. 3  Summary, Discussion Segment: 1/2 of the memo.  Closing Segment, Necessary Attachments: 1/8 of the memo.
Note: A Credit Memo is not to be substituted as a formal document. The Credit Memo rarely contains: PO #, Date, Billing Address, Shipping Address, Terms of Payment, List of products with quantities and prices. Usually it references the original Invoice and sometimes states the reason for issue.