FB10 - Default payment term for Credit memo

Hi,
I have question regarding the Payment terms in FB10- Credit memo entry (KG).
You must be aware that when we use F-43 or FB60 for posting Vendor Invoices (Document type KR), the payment terms on the screen will be "*", which means it should be picked up from the Master data. Similarly for posting Vendor Credit Memos (Doc type KG) using F-41 or FB65, the payment terms field is blank, which means 'Immediate payment'.
In case of FB10, Fast entry transaction code for both Vendor Invoice and Vendor Credit memo, the Payment terms for KR document is *. But for doc type KG (Credit memo), payment terms field is not blank. Instead, it is shown as *. Why is it? How can we make this blank for KG document postings. Please advise. Kindly revert in case you have any questions.
Regards,
Vinod

HI,
Please check the note 17410 for explanation.
Regards
Ravinagh Boni

Similar Messages

  • Payment Terms for Credit memos

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    Hi Satya
    A credit Memo without an Invoice Reference is always due on the Baseline Date (the Exceptions to this are Credit Memos which have an explicitly-stated Value Date):this Logic was introduced starting  from Release 3.1I.
    Details in Note 79871 and 84137.        
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    Summary:                                                              
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    2. For the Credit Memo without Reference to an Invoice, there are 2 methods available for choosing the due Date :                      
    a) The Due Date for Net Payment (RFPOS-FAEDT) is identical to the  Baseline Date for Payment (BSEG-ZFBDT). The Period for Net Term or the Term of Payment is not taken into Account. This is the Default.
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       => the above Details are documented in the Help F1 behind the  "Invoice Ref" Field.                                                                               
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  • Payment terms in Credit Memo

    Hi Experts
    This refers to credit memo to vendors thru FB65.The vendor master has payment terms populated which gets carried forward in case of a credit memo.
    The solution of entering a "credit memo" payment terms in the vendor master has been explored but has been put on hold for practical reasons and making changes to already existing vendor masters.
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  • Set default payment terms for BP

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  • Create payment batches for credit memos

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  • Change payment terms in credit memos

    Hi Experts,
    We have a requirement where in we have to change the payment terms of a credit memo posted with reference to an invoice without making changes to the invoice.
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    Credit memos are usually treated due immediatly. But if you specify the original invoice number ( as a reference) in the invoice reference field under payment tab of the credit memo it will default the payment term from the invoice. If you want to use a different payment term you just have to enter 'V' in the invoice reference field.

  • How to make net due date dependent on Payment Terms in credit memo FB75

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    Hi,
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  • Terms of Payment for credit memo

    Dear Friends:
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    Nadini

  • You cannot supply payment terms for your credit memo

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    Edited by: RajPatel on Sep 23, 2009 8:33 AM

    Hi octavio,
    Thanks for your valuable input.
    You are right and also I found from metalink...
    Subject: 11.5-AR-How Can You Enter Payment Terms For Credit Memos
    Doc ID: 249547.1 Type: HOWTO
    Modified Date: 16-DEC-2003 Status: PUBLISHED
    goal: How can you enter payment terms for Credit memos
    fact: Oracle Receivables 11.5
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  • Got error - You must supply payment terms for your non -credit transaction

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    have a look at Note 178298.1 & 331099.1!!!
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  • How can we maintain multiple payment terms for a customer

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