What is a Delayed Credit in QuickBooks Online?

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What is a Delayed Credit in QuickBooks Online?

A delayed credit is a non-posting transaction that you can include later on a customer's invoice. A refund is a posting transaction that is used when reimbursing customer money. This means that: Credit memos are used to offset an existing customer balance.

delayed credit in QuickBooks is a credit memo created in advance for possible sales returns.