A/P credit memo journal incase of Purchase posting system

Hi,
I am using purchase posting system for one of my client
Some times while creating standalone A/P creditmemo the system is posting some amount to Price difference account
Why does the system do so? I have many credit memos which are posting correctly but a few are having Price difference account postings
Thanks
Md.nazeer Shaikh

Hi,
I have taken all the steps to block negative inventory at the warehouse level
My concern is when does the system posts the journal entry to Price difference account in case of creating standalone Credit memo
Is there anything new changes related to block the negative stock in 2007 then please do let me know.
I understand there is one setting in administration what if i set this as item setting,Company instead of warehouse
Thanks
Md.nazeer Shaikh

Similar Messages

AR Credit Memo Journal Entry

Hello,
We created an AR Invoice by mistake. To correct this, we copied the AR Invoice to an AR Credit Memo and added it. However, the journal entry created by the AR Credit Memo was not the exact opposite of the AR Invoice. The AR Credit Memo journal entry had a different amount in the sales revenue account. Because of this, when you run the account balance for the sales revenue account, you see the amount for the invoice and then for the credit memo but they do not cancel one another. Instead, it leaves a balance on the account event though we do not want it.
Why would the credit memo not reverse the invoice exactly per the g/l? Could this somehow be related to account determinations?
Your help is greatly appreciated.
Thank you,
Amanda

Hi Gordon,
I don't think the difference is caused by exchange rate differences. The credit memo was created about five minutes after the invoice. They have the exact same dates.
Below are the journal entries for both documents to help clairfy:
AR Invoice
BP Acct                            DR $13,428.00
Sales Revenue                                         CR $13188.00
Net Pallet Deposit Liability                        CR $240.00
COGS                               DR 9609.60
Inventory Finished Goods                          CR $9609.60
Pallet Inventory                   DR $195.00
Pallet Inventory                                        CR $195.00
AR Credit Memo
BP Acct                                                  CR $13,428.00
Sales Revenue                    DR $13,428.00
Inventory - Returns              DR $9609.60
Pallet Inventory                                         CR $195.00
Net Pallet Deposit Liability   DR $195.00
Like I said, we just copied the AR Invoice to the AR Credit Memo. We did not change the line items or the prices, etc.
Your help is appreciated.
Thanks,
Amanda

Purchase Posting System

Hi Experts,
I have enabled Purchase Posting system in SAP B1 2007B PL10, now the Purchase Account & Purchase Offset Account got effected at GRPO level. I want to know how to effect at Purchase Account at A/P Invoice level.

Hi,
If you enabled purchase posting and you are doing GRPO then Purchase Account & Purchase Offset Account hits in GRPO only. If you want effects in AP invoice then you have to skip GRPO.
Regards,
Sachin

AP invoice vs AP credit memo - Journal entry difference

Hello Experts,
This regarding Create A/P Invoice for an item with value 1000. Correspondingly create a A/P Credit memo for the same bill with 800 value. if you see journal entry the difference amount is tracking in Exp. And Inv. Variance Acct. if it is single of warehouse.
My scenario is GL account set by warehouse. And in our project there are six different warehouses.
Above scenario happens in all six different warehouses, can you guide me where to set Exp. And Inv. Variance Acct. in the warehouse accounting.
Please help me in this regard,
Thanks
Rayudu

Hi,
What is your valuation method.is it standard or moving average?
if it is moving average A/P credit memo will create a journal crediting the stock and debiting the vendor in case of stock item.
incase of noninventory expense gets credit and vendor gets debit.
regards

Incoming payment for incoming payment, credit memo, journal entry &invoice

The message subject is expression of my f**king confusing.
Suppose, we received payment on account 120 Ringgit, invoice amount 210 Ringgit, JE transaction amount 10 Ringgit and credit memo amount (without copied from a certain invoice) 5 Ringgit.
In one new incoming payment, I pay all the 4 transactions, is it correct procedure ? it means the balance of the customer will be zero, that's what we want to do. Thanks in advance
Balaj

First and foremost, I would like to stay that this is a Public Forum and you must refrain from using improper language. There are people here to help you.
If you want to adjust the JE, Payment on Account and Credit Memo aginst the Invoice and receive the balance amount, it is possible through incoming Payment.
You will highlight the Invoice, CM, JE and check the Payment on Account box to include the On account amount, go to Payment means and in the amount column press CTRL+B to copy the balance amount and ADD the payment
Suda

Credit memo for asset with depreciation posted

HI,
There is requirement to pass a credit memo for an asset.
The asset was purchased on 01.04.10.
And have been depreciated till 31.05.11.
Now the client want to pass credit memo for the full acquisition value.
My issue is when I am passing the entry through ABGF - ... in Next Year
System is throwing error stating the value is going negative.
Then we passed the write up for the depreciated value as on 01.04.10.
Still system is giving the same error message.
Please suggest on what date should I pass the write up to clear the whole posted depreciation and pass the credit memo.

Hi,
Go to asset master change, in depreciation are tab double click on depreciation are number then select negative values allowed check box
Hope this will help you.
thanks!

Credit-memo not able to be posted against a WBS Element

Hi there,
When the available amount on a WBS element is less than the credit memo amount, SAP gets a hard stop of budget exceeded.
It`s wrong since a credit is giving money back to the project and you should be able to enter it regardless of available funds.
Important notes: I'm trying to post this credit-memo against the WBS Element via MIRO transaction (credit memo option).
Is there any customizing in IM where I can define it?
Regards and thanks in advance.

Hi,
You are trying to post a credit memo again a purchase order since its via MM. Therefore how can you have a credit memo value exceeding the original invoice value?
If you are trying to post an advance (as you have mentioned that you are receiving money to the project), it should be recored as an advance rather than a credit memo. Consider the double entry you want to post to.
NW

NOT with reference to PO for credit memo/invoice after invoice is posted

hi,
invoice is posted then vendor come back with correction.
1) if i create credit memo NOT with reference to PO then the treatment is not similar to subsequent credit?
2) if i create invoice NOT with reference to PO then the treatment is not similar to subsequent debit?
thanks
rgds

Hello Eliana,
Its unclear in your thread, how you are going to do it.
For creating an invoice / credit memo, you have to refer either a PO/schduling agreement / delivery note (migo).
In all the cases, it will get linked with the PO - MIGO.
What you have to understand is the functionality and the posting that will happen.
If you select
Invoice / credit memo - GR/IR clearing account and vendor account
Subsequent credit/debit - Stock account and vendor account
The difference in posting has its own significance. It will affect the MAP if your material price control is V.
If qty and value variance is there, use the functionality invoice/credit memo.
If only price variation - use subsequent credit/debit.
Regards
Gregory Mathews

AR Credit memo

One of my customers, would like to print the AR Credit memo in the form of a journal.
They would like the GL Accounts and Posting amt to show up, just like a journal entry of the credit memo would show otherwise.
How to achieve this on the credit memo layout ? If i drill down to the JE, then the system shows table information as OACT , but shows variable numbers for the dr, cr amts.
Please help.
CHeers,

Hi,
Just to make sure, you're going to display the AR Credit Memo journal in the AR CM form right? if that the case then you can display it by following this procedure:
1. create or add new Repetitive Area
2. add new field and display the data from JE (OJDT table), example: number
3. add new field and display data (account code) from JDT1 table by press "ALT + left mouse click" in the column field. then link the field to field number 2 (OJDT.number)
4. add new field and display data (debit amount or others) from JDT1 table by press "ALT + left mouse click" in the column field. then link the field to field number 3 (JDT1.account code)
5. add new field and display data (credit amount or others) from JDT1 table by press "ALT + left mouse click" in the column field. then link the field to field number 3 (JDT1.account code)
I've tested it and i have no problem with it.
Hopefully can help.
Thanks and Regards

MIRO credit memo and invoice

Need some help with the following:
By mistake posted credit memo in MIRO instead of posting invoice in MIRO. Then reversed the credit memo by going in MR8M. The reversal of credit memo posted an invoice in MIRO. Now we want to post the MIRO invoice but it doesn't post because the PO does not bring up any quantities.
If we ignore this and go straight to pay the vendor, the outgoing amount is zero (because there is a debit and credit of the same amount posted to the vendor account due to invoice and credit memo existing of the same amount). This is because of reversing the credit memo whcih generated the invoice and now the amount is zero.
How do we overcome this. And what is the best practice to reverse a credit memo if entered by mistake instead of choosing invoice in MIRO.

Hi,
Check First Purchase order history,
Goods Received Document,
And Credit memo if exist first reverse MR8M then need to rise invoice.
If credit memo allredy reversed if unable to book invoice Book Direct FI invoice through F-43 respective vedor
Regards

Creation Credit memo

If customer claim return of 5 kg, but the actual goods return is only 3 kg, however customer needs to credit 5 kg back to customer. Current situation: credit memo for 3 kg is creation based on return delivery, the credit memo for another 2 kg is created by FI. we wish to be able to create only 1 credit memo for the 5 kg. To be discussed in Integration with FI"
Pls help me to know any possibility on this
Thanks in advance

Maintain Return Sales Order as Order Related Billing and do not link to return quantity.
Incase of Return Sales Order:
T.Code for copy control: VTAF
Source Document: F2
Target Document: RE
Item category REN
Considering the above settings are done:
Create return sales order RE (with Reference to Billing Document) & the data will be copied as it is in Return Sales Order - RE. For Eg: here you require to change to quantity from 10 to 2, as you want to take back into Inventory of only 2.
Incase of Return Delivery:
T.Code for copy control: VTLA
Source Document: RE
Target Document: LR
Item category REN
Considering the above settings are done:
Create Return Delivery through T.Code VL01N & do PGR (Post Goods Receipt). This will add the stock to blocked stock. This will take care of Inventory.
To address the issue of how to take Credit for Excise, use T.Code: J1IH --> other Adjustment & based on the credit to be taken, make the necessary entry.
Incase of Credit Memo:
T.Code for copy control: VTFA
Source Document: RE
Target Document: Credit Memo
Item category G2N (Check in System)
First in VA02, remove the Billing Block in Return Sales Order - RE & save the document. Now in T.Code: VF01, enter Return Sales Order Number & select the appropriate Billing Type (Credit Memo) & Enter& Save. This will create Credit Memo.
Regards,
Rajesh Banka

How to calculate AP invoice and AP downpayment AR Credit Memo together?

Dear All,
Does anyone know how to calculate AP invoice and AP downpayment AR Credit Memo together for the purchase summary, by using SQL statement?
Is it sum altogether...like AP_Invoice + AP downpayment - AP Credit Memo?
The result as shown below:
BP_Code Total
XXXXXXXX $10,000
From Samson
Edited by: samson leung on Jun 10, 2009 9:49 AM

Try this to start:
Select T0.CardCode 'Vendor#', Sum(t0.DocTotal - isnull(t3.DocTotal,0)) 'Total'
from dbo.opch t0
inner join dbo.pch1 t1 on t1.docentry = t0.docentry
left join dbo.rpc1 t2 on t2.docentry = t1.TrgetEntry
left join dbo.orpc t3 on t3.docentry = t2.docentry
group by T0.CardCode
Thanks,
Gordon

Return Credit Memo Transaction (ZSD_RETCRMEMO)

Hi gurus,
Could you help on
Return Credit Memo Transaction (ZSD_RETCRMEMO)
Client unable to tie back to ledgers so needs to know where information is being pulled from
Thanks in advance
Regards,
Kumar

Incase of Return Sales Order:
T.Code for copy control: VTAF
Source Document: F2
Target Document: RE
Item category REN
Considering the above settings are done:
Create return sales order RE (with Reference to Billing Document) & the data will be copied as it is in Return Sales Order - RE. For Eg: here you require to change to quantity from 10 to 2, as you want to take back into Inventory of only 2.
Incase of Return Delivery:
T.Code for copy control: VTLA
Source Document: RE
Target Document: LR
Item category REN
Considering the above settings are done:
Create Return Delivery through T.Code VL01N & do PGR (Post Goods Receipt). This will add the stock to blocked stock. This will take care of Inventory.
To address the issue of how to take Credit for Excise, use T.Code: J1IH --> other Adjustment & based on the credit to be taken, make the necessary entry.
Incase of Credit Memo:
T.Code for copy control: VTFA
Source Document: RE
Target Document: Credit Memo
Item category G2N (Check in System)
First in VA02, remove the Billing Block in Return Sales Order - RE & save the document. Now in T.Code: VF01, enter Return Sales Order Number & select the appropriate Billing Type (Credit Memo) & Enter& Save. This will create Credit Memo.
Hope this helps you.
Regards,
Rajesh Banka

How to reverse the Credit memo in AR if it's created and posted into the GL

Hi All,
Can any one suggest on below issue:-
If i have created a credit memo in AR and posted into the GL also. but after that i realizse that i have made a wrong entry now i want to rectify the errror .
How do i rectify the entry if i created Credit memo in AR and it' posted into the GL also. Now want to resverse it. ?????????
regards
Sujeet

Hi Sujeet,
Please have a look, if the process suggested below is of any help:
Subject:      How To Unpost Transactions in AR
     Doc ID:
Note:219307.1     Type:      HOWTO
     Last Revision Date:      29-DEC-2005     Status:      PUBLISHED
•     goal: How to unpost transactions in Accounts Receivable
•     Goal: How to unpost a batch transferred from AR to GL
•     Fact: Oracle Receivables
•     Fact: Oracle General Ledger
•     Fact: ARGLTP - General Ledger Transfer Program
•     Fact: ARGCGP - Clear GL Interface Table
Fix:
Run the concurrent program ARGCGP to unpost (reset the posted status) for the
Affected AR transactions.
1. Verify the following before running ARGCGP.
- The AR period affected is open
- The correct posting_control_id is identified. Otherwise, running
the program will make the problem worse by allowing data to be
posted twice.
- The batch has not been imported/posted to the GL
(N) As GL Superuser, Navigate, Journals, Enter
Query up batch name %<posting_control_id>%
- The transactions cannot be found in the GL_INTERFACE table
2. To run the program, it should be setup as a concurrent request.
Note: The program can be run from the Unix command prompt however
it will not pickup _ALL tables in a multi-org environment.
- System Admin Responsibility: Concurrent > Program > Define
- Query ARGCGP (as the short name)
- Click 'Copy To'
Give it a new program name and short name
For example: ARGCGP-Reverse AR Posting
- Click on Use in SRS
- Save
- Click on Parameters
- Enter these parameters and save:
Seq Paramater Valueset Default Value Required Display
4 Set of Books id AR_SRS_SET_OF_BOOKS_ID Constant yes yes
5 Posting_control_id 20 Characters yes yes
6 Reset_gl_pst_date 6 Characters Constant Y yes yes
7 del_gl_interface 6 Characters Constant Y yes yes
8 debug_flag 6 Characters Constant N yes yes
Description of Parameters
- set_of_books_id = The ID for the book posted from AR
- posting_control_id = the unique id for the original posting run from AR
to GL. Can be identified by querying the
AR_POSTING_CONTROL table if value is not known.
- reset_gl_pst_date = (Y)es or (N)o flag to indicate if records in AR
marked as posted should be reset so that they are
postable again
- del_gl_interface = (Y)es or (N)o flag to indicate if records for this
posting_control_id should be deleted from
gl_interface table
- debug_flag = (Y)es or (N)o flag to put additional debug
information in the log file
3. Add the new program to Revenue Recognition Request Group.
- Security > Responsibility > Request
- Query up Group Revenue Recognition, Application Oracle Receivables
- Add a new line
- Report and from LOV choose ARGCGP-SRS
- Save
4. Change the user's responsiblity to Receivables User and run the process.
5. Rerun the GL Interface.
* WARNING: Before updating any tables in SQL*Plus,
* perform a BACKUP of the affected tables.
Additional info:
When you cannot enter any parameters under point 2, please check if there is
clicked on Use in SRS.
Thanks
Manish Jain.

ISA credit memos and down payment does not display data R/3 E-commerce 5.0

Dear guru's
The Billing doc search in the ISA searches Credit Memos and down payments. However, system don´t found documents, but business partner have credit memos and down payments.
Some idea?

Dear guru's
The Billing doc search in the ISA searches Credit Memos and down payments. However, system don´t found documents, but business partner have credit memos and down payments.
Some idea?

A/P credit memo journal incase of Purchase posting system

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