diff --git a/vendor/magento/module-sales-archive/Observer/ArchiveGridAsyncUpdateObserver.php b/vendor/magento/module-sales-archive/Observer/ArchiveGridAsyncUpdateObserver.php
new file mode 100644
index 000000000000..a577f245e032
--- /dev/null
+++ b/vendor/magento/module-sales-archive/Observer/ArchiveGridAsyncUpdateObserver.php
@@ -0,0 +1,76 @@
+<?php
+/**
+ * Copyright © Magento, Inc. All rights reserved.
+ * See COPYING.txt for license details.
+ */
+declare(strict_types=1);
+
+namespace Magento\SalesArchive\Observer;
+
+use Magento\Framework\Event\Observer as EventObserver;
+use Magento\Framework\Event\ObserverInterface;
+
+class ArchiveGridAsyncUpdateObserver implements ObserverInterface
+{
+
+    /**
+     * Archival entity names
+     */
+    private const STATUS = 'status';
+
+    /**
+     * @var \Magento\SalesArchive\Model\Config
+     */
+    private $config;
+
+    /**
+     * @var \Magento\SalesArchive\Model\ResourceModel\Archive
+     */
+    private $archive;
+
+    /**
+     * Global configuration storage.
+     *
+     * @var \Magento\Framework\App\Config\ScopeConfigInterface
+     */
+    private $globalConfig;
+
+    /**
+     * ArchiveGridAsyncUpdateObserver constructor.
+     * @param \Magento\SalesArchive\Model\Config $config
+     * @param \Magento\SalesArchive\Model\ResourceModel\Archive $archive
+     * @param \Magento\Framework\App\Config\ScopeConfigInterface $globalConfig
+     */
+    public function __construct(
+        \Magento\SalesArchive\Model\Config $config,
+        \Magento\SalesArchive\Model\ResourceModel\Archive $archive,
+        \Magento\Framework\App\Config\ScopeConfigInterface $globalConfig
+    ) {
+        $this->config = $config;
+        $this->archive = $archive;
+        $this->globalConfig = $globalConfig;
+    }
+
+    /**
+     * Handles asynchronous update of the updated entity
+     *
+     * @param EventObserver $observer
+     * @return void
+     */
+    public function execute(EventObserver $observer)
+    {
+        if (!$this->config->isArchiveActive()) {
+            return $this;
+        }
+        $creditmemo = $observer->getEvent()->getCreditmemo();
+        $order = $creditmemo->getOrder();
+        if ($order->getId() && $this->globalConfig->isSetFlag('dev/grid/async_indexing')) {
+            $connection = $this->archive->getConnection();
+            $connection->update(
+                $this->archive->getArchiveEntityTable('order'),
+                [self::STATUS => $order->getStatus()],
+                $connection->quoteInto($order->getIdFieldName() . '= ?', $order->getId())
+            );
+        }
+    }
+}
diff --git a/vendor/magento/module-sales-archive/etc/adminhtml/events.xml b/vendor/magento/module-sales-archive/etc/adminhtml/events.xml
index b9d3cdf35285..8cdbe7231832 100644
--- a/vendor/magento/module-sales-archive/etc/adminhtml/events.xml
+++ b/vendor/magento/module-sales-archive/etc/adminhtml/events.xml
@@ -21,4 +21,7 @@
     <event name="sales_order_grid_collection_load_before">
         <observer name="magento_salesarchive" instance="Magento\SalesArchive\Observer\SalesObjectAfterLoadObserver" />
     </event>
+    <event name="sales_order_creditmemo_save_after">
+        <observer name="magento_salesarchive" instance="Magento\SalesArchive\Observer\ArchiveGridAsyncUpdateObserver" />
+    </event>
 </config>