Adjusting Credit Memo with Vendor Invoices?

Hi all
After creating Credit memo thru FB65 how i should adjust with a incoming invoice.
please provide Tcode for doing this.
Thx In advance.
Kamal

solved

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Mapping a credit memo with an invoice

Dear sir.
Im creat a credit memo (Tcode F-28) it is ok, But I dont know how this credit memo matched to the invoice.
Eg. I have created an invoice for Customer A (5000USD of goods), then I have a credit memo for this invoice. Creating a credit memo is ok. Now, I want to know how mapping the credit memo with this invoice to reduce customer's credit on this invoice.
Help me.Thanhk you very much.
Regards,
Hangvt

Dear sir,
Thank for your reply, can you show me tcode to clear the CM with invoice raised.
Thanks,
Hangvt

Credit memo wrto vendor invoice

Hi freinds
Case 1: if we receive 12 qty and if we do invoice for 12 qty, finally we will come to know that 2 qty is spoiled and we will do credit memo. In such situations whether we do the credit memo before or after return delivery????
Thanks and regards,
Balu R.V

Hi Balu,
If you create an invoice for 12 Qty in Tcode MIRO and then process a Credit Memo for 2 Qty in the same Tcode then it is imperative that the goods receipt is also reversed in Tcode MIGO. When the goods are returned it can be reversed in MIGO. Once the entries are reversed in MIGO the GR becomes 10 for which you can appropriately raise a Credit Memo in Tcode MIRO. If you do like this your Goods Receipt (GR) and your Invoice Receipt (IR) will always match.
If you create a credit memo in Tcode MIRO with out reversing in MIGO, in that case your returns to vendor will not be accounted in Stock and your Goods Receipt and Invoice Receipt will not match.

Post credit memo or vendor red invoice

Hi everyone,
How can I configure the posting of a credit memo like a vendor red invoice, but with negative values?
At the moment the posting is simply reversed, but the ammounts are the same like when posting an invoice.
Current setting:
expense = vendor     (invoice)
VAT
vendor = expense     (credit memo)
             VAT
Wanted setting for credit memo     ( - )expense = ( - ) vendor
                                                   ( - )VAT
Thanks for your quick reply.
Daniel.

Hi Daniel,
You can achieve this by activating nagative postings allowed, please find the path below,
Financial accounting>>General Ledger accounting>>Business transactions>>Adjustment posting/reversal>>Permit Nagative postings.
Kindly note that, you also need to active the same for the document type for which you are posting this reversal.
In your business case document type would be RE, KG so and so on.
Regards,
Ramesh.

Posting a Credit Memo with Reference to the Invoice

Dear all,
I'd like to post a Credit Memo with Reference to the Invoice but in transaction FB65 or I can't find field to input Reference to the Invoice
Please tell me where I can Reference to the Invoice
Thank in advance
Minh

Dear all,
When I create a a Credit Memo (Transaction FB65),
On the Payment tab page in the Enter Vendor Credit Memo,the system doesn't display field Invoice Reference to input Invoice document number of an invoice reference exists.
Please tell me how to configure to display field Invoice Reference
Thank in advance
Minh

AP Credit Memo on AP Invoice with a downpayment amount linked

Hi all.
I would like to know the y is it not possible to create a A/P Credit Memo on an A/P Invoice which is adjusted with A/P Downpayment amount.
If the above posting is made in the system, its not possible to Copy to AP Credit Memo, the AP Invoice document that has downpayment amount adjusted, an error occurs stating the Credit memo cannot be prepared for an invoice with downpayment as the feature is not supported currently.
Regards
Rohan

Void the incoming payment related to the Down-payment Invoice and then re-entering it as a payment on account. This will free-up the Down-payment invoice to read in to an AR Credit.
Regards
Jenny

Why need to link credit memo with invoice

Hi, gurus,
I received an AP invoice valued $2222 and then received a credit memo valued $222 about 1 week later.
Now I need to make payment.
I was told it's good to link credit memo with invoice by entering invoice number in the field "invoice reference" when creating credit memo. But I'm not sure why it's better because system will pick up both items anyway when i entered $ 2000 using f-53 to make outgoing payment.
The only reason i can think of is this link will guarantee that credit memo has the same terms of payment with invoice.
Is there any other good reasons? Any help will be appreciated.

Dear,
We need to link credit memo with invoice against for two obvious reasons
1.. Future tracking of all credit memo i-e if we gave excess credits to vendor then it was against which invoice. This will create linkage and tracking of credit memo with invoice that will be shown in FBL1N .
2..At the end of specific time period ,month or quarter ,its a normal practise to reconcile vendor balance as per SAP ledger to that of vendor's own book. At that time you will need credit memo track also that against which invoice was the credit given.
This all can be achived after posting credit memo with refrence to invoice number. Audit perpective should also be kept in mind. Hope this will help you
Regards

Credit memo -- with ref to invoice

Hello All,
This is my scenario:
1 Invoice with value 100.
2 Credit memo whith value 100 with ref. to invoice.
3 The system let me create more credit memos for the same invoice exceeding de invoice original value. (it just informes me that there are other credit memos) How can I prevent this ?
I checked copy control and Pos./neg. quantity--i put as "+" and in Item Category TAN- Completion Rule mark as "A".
Regards,
Ashu

Hi Ashutosh singh
Credit Memo and the invoice are different and the two r used in different scenarioes
Credit Memo is the Billing document raised for compensating the customer and the the document is raised with reference to the the Credit Memo request
The scenarios is that the customer places an order with the company and the company delivers the fgoods to the customer in which some of thm are dmaged and the customer then claims for the compensation , so the company asks the customer to return the goods to the company and simultaneously they will pay the compensation
process flow is as
Created the standard order OR
then do the deliver LF
then billing document F2
and then raise the credit memo request for the goods G2
thenBilling which is the credit memo
G2
This is the special process where the goods are received and the customer does not want the replacement of the dmaged goods and instead he wants the amout to be credited
so we have to raise the credit meemo request with reference to the standard illing document and then the credit memo request and then billing document G@
but in the standsrd invoice we havae to creatae the created the standsrd and then the delivery and then the invoice
Invoice
order (VA01)>Delivery(VL01N)>Change Delivery(VL02N)&PGI>INVOICE
EX:
Order type:OR
credit memo:
for the return material or discount is missing for the material,we create credit memo request.credit memo has sent to customer
order (VA01)>CREDIT MEMO(VF01).
NO DELIVERY PROCESS.WITH REF. to BILLING DOCUMENT,we create credit memo request.
EX:
Order type:G2.
The below link will help u
http://able.harvard.edu/ar/wi/create-credit-memo.pdf
http://web.mit.edu/sapr3/windocs/fopcs06f.htm
Reward if useful to u

Due date calculation for the credit memo with invoice reference.

Hi,
When we create the credit memo with reference to invoice, the due date for the credit memo is getting copied from Invoice. In this case if the invoice is due on 31.12.2008 and the credit memo is created on 10.09.2009, then the credit memo due date is appearing as 31.12.2008. It should be 10.09.2009 as per the setting in VOFA billing type customisation in "Credit Memo w/vldt".
I would like to know how to customise the below requirement.
If the reference invoice is due after the credit memo creation, the the credit memo should due as per the invoice date.
If the invoice due is past & then the credit memo due date should be Immediate i.e. Due Immediately.
Thanks in advance for help.
Regards,
Nithin

I doubt there is such option. From the past projects I do remember that we made a change in the form to print the document date as 'Due Date' for credit memos. Credit memos were paid at once when they were processed and I think that payment term was copied from the original invoice, which made their due date far in future.

Sales Return Process-Invoice(Credit Memo) with ref. to delivery

Dear All,
I am doing sales return process.
Sales Order-RE
Delivery-LR
Invoice-RE,
with ref. to sales order it is allowing me to create invoice.
But,with ref. to delivery it is not allowing.
It is giving "The document is not relevant for billing".
I have changed item category REN for delivery (A) related billing.
Also changed req. copy control setting.
Can anybody guide on this issue.
Best Regards
Sainath

Hello,
Normally return credit memo will be generated with reference to the retrun order, and that is the standard SAP process. Do you have any specific requirements to have the credit memo with reference to a retrun delivery?
The Item category REN Billing Relevence will be B as per SAP standard, if you wish to have a delivery related credit RE, the make this to A .
Maintain the Delivery to Billing Copying control in VTFL for LR --> RE, add the item categroy REN.
Maintain the copying requirements for header as 3 Header Del Rel and for item as 4 Deliv-Related item .
Once these setting are done, then check whether the RE billing type is triggering from LR?
Prase

Standard Invoice and a Credit Memo with the same amount

Hi,
I have a AP standard invoice with an amount of 100 € and the credit memo with -100 €.
The standard invoice and the credit memo have the same Supplier and distribution, and the status are Validated and Accounted is Yes.
How I can match this credit memo to that invoice?
If I try to create a payment with this invoice and credit memo, I get an error because I can not make a payment to zero.
I do with a suspense account? How I can do it?
Thanks in advance!

Hi.
Enter a zero amount payment and select both documents.
Octavio

R12: Create on-account Credit Memo with invoicing and accounting rules

In R12.1.2: when using the AR_INVOICE_API_PUB it seems to be impossible to create a on-account Credit Memo with invoicing and accounting rules. The next errors are returned by the API:
- AR_INAPI_INV_RULE_NOT_REQUIRED
Do not include an invoicing rule if the transaction type's class is Debit Memo or Credit Memo.
- AR_INAPI_RULE_NOT_ALLOWED
Do not enter an invoicing or accounting rule for on-account credit memos
Please advice how to create on-account Credit Memo with invoicing and accounting rules using an API.
Edited by: nl05517 on Jan 17, 2011 10:43 PM

We will use the AR_CREDIT_MEMO_API_PUB api.

Credit Memo To Vendor?

Hi Experts
Any suggestion for the below requirement is highly appreciated with rewards.
Biz Scenario
Vendor A is unable to fulfilled their contract and supply stock to us.Thus, the required stock was brought from vendor B instead. The differences in price b/w vendor A & B will be created as a Credit memo to vendor A.
We would like to post this difference in price (as vendor B is more expensive) to vendor A as a credit memo.
Accounting entries would be something like below.
ie. Debit vendor A
Credit revenue GL account (liquidated damages income)
Thanks /Karthik

Hi,
If there exists a contract for vendor A and if there exists a PO for the vendor A ,
Please let me know,
1.vendor A partially unable to send the material qty and this diff are you going to get from vendor B?
2.is it throgh another po?
3.Does the vendor A send you the invoice before he sends the material to you for full qty and and you entered it into the system?
Credit memo is like the reversal of the MIRO posted.
If your vendor A fully invoices you and partially supplies the material then you can plan for posting a credit memeo ( if you already entried the invoice in MIRO for full qty) .Credit memeo reverses the qty and the PO price of vendor A .
As vendor B is separete entity, you have to post the MIRO for him separately.
If you fell vendor A suppled material is more expensive when compared to B, you can reduce the invoice of A and post at MIRO to that qty saying vendor error.
Please elobarate your scenario so that a better solution can be given.
Regards,

GL journal line for AR Credit Memo application to invoices

Hi all,
We upgraded to R12 (12.0.4) in January-09. Unfortunately we've had various issues with AR that we've been working through with Oracle Support. One of the issues has been the accounting for credit memo applications to invoices not being transferred to GL by the Create Accounting program. Previously in 11i all credit memo application to invoices were transferred to GL. So basically you would have a journal for the invoice, the credit memo and the credit memo application itself. The credit memo application was transferred to GL automatically via the Transfer to GL program and had a journal category of 'Credit memo applications'. There seems to be no comparable journal being created for this in R12.
Does anyone know if the Credit Memo Applications should still generate a journal line in GL? Have any customers reported this as being an issue in R12?
Thanking everyone in anticipation.
Rgds
Shankar

Hi Anil,
Thanks for the response. When an invoice has the exact same distribution accounting as a credit memo then your scenario is valid. I think that scenario occurs when you create an RMA for a particular sales order for example. The RMA would then reverse the exact accounting of the original sales invoice.
However a manual credit memo in AR can be applied to any valid invoice for that customer (from any point in time). At a point in time the auto accounting rules may have been different causing the generated account string to be different for the same customer. We regularly have cases where a credit memo for a customer applied to an older invoice for that same customer has different distribution accounts. The credit memo application journal actually adjusts this so that the accounting in GL will be correct.
ie
Invoice from 01-Jan-2008
DR Receivables Account 130000 -> $1000
CR Revenue Account 400000 -> $1000
Now if you create a manual credit for the item in full today, the entry of the Credit memo might look like this
DR Revenue Account 400000 -> $1000
CR Receivables Account 120000 -> $1000
Credit memo application to apply the credit memo to the original invoice:
CR account 130000 $1000
DR account 120000 $1000
Now this functionality was standard functionality in 11i because I guess the designers realised if there was no "correction" journal then your GL would be imbalanced at an account level.
Rgds
Shankar

How can we create credit memo with reference to INV

Hi,
Pls tell how can we post credit memo with reference to Invoice which is posted through SD.
Is there any use with reference to field in T.Code FB75.
Thanks in advance,
Padmaja

Hi Vijay,
I could not found any field for Inv. reference in the Payment Tab of T.Code FB75.
Is there any facility in SAP to create Credit Memo for a particular customer with reference to Invoice. All the details of that Invoice should get updated in the credit memo automatically.
Thanks in advance,
Padmaja

Adjusting Credit Memo with Vendor Invoices?

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