What is a Deal Memo?
A Deal Memo contains all terms for the transaction between the Buyer and the Seller. GMX uses the Deal Memo as the vehicle for negotiation between counter parties. The Deal Memo may be modified over time, and a history of changes is kept within GMX. Ultimately, a Deal Memo is either Approved, Rejected, or Withdrawn. An Approved Deal Memo is a legally binding document and represents the final output of an on-line negotiation within GMX. You can create a Deal Memo, once you’ve created a Deal. For an existing deal, go to “My Deals” and click on the Deal for which you would like to create a Deal Memo. Once you are in the Deal, click on the “Create Memo” button. Clicking on this button will take you to the Deal Memo Wizard and you will be guided through a multi-step process to create your Deal Memo Note: after the Deal Memo has been created, you will be provided with 3 buttons: “Edit Memo,” “Make Offer,” or “Delete Memo”. If you do not see these buttons, there was likely an omission of requ
