Cancellation of credit invoice
We had a credit which was invoiced and since cancelled but when I look at billing list I see negative values in both the original invoice and the cancellation invoice. I would expect the cancellation to be positive values to balance. How do I see where a billing document should be positive or negative to the financials? In other words where is billing defined that standard order is adding to financials and that a return is subtracting etc.....
Hi,
The flow is as below -
Each billing type is linked to accounting document type, in general we use RV to transfer values to financial accounting.
Accounting document types are under the preview of Finance and this are define in T.Code -OBA7 and
each account document is linked to account indicators i.e Credit or Debit, in SD we use the following for RV Document type -
40 Debit entry Debit G/L account
50 Credit entry Credit G/L account
For reversals, we assign the reverse account indicator for account indicator through T.Code - OB41 that is
For 40 reversal entry is 50 and for 50 reversal is entry is 40
For more clarification, sit with your FI Consultant for more clarity
Regards
Goutham
Similar Messages
-
Put the balance back in credit memo if I cancel the refund invoice in AP
Hi Friends,
.When I Crete a the refund in AR for the credit memo , an invoice will be created for the party in AP. But if I cancel the AP invoice. This is not putting back the balance in my AR credit memo. We are on 12.1 , Please suggest if there are any patches or any addition setup to be done to put the balance back in credit memo if I cancel the refund invoice in AP.
. Is there any program create refunds invoice in AP for all the credit memos available in AR?
Please give some suggestions,
SireeshaHi,
When I Crete a the refund in AR. it creates a Payment request invoice in AP for that party. But if i cancel the invoice create in AP for the refund, that is not effecting the customer balance in AR. Please suggest.
Sireesha -
Cancellation of Excise invoice after MIRO
Hi Everybody,
How do i cancel the Excise Invoice after MIRO.my scenario is Net Inclusive of Excise duty. the procedures which i followed as follows,
1.PO with Zero Tax code > J1iex(captured the Excise Invoice)>GR which refers EI>Posted EI.
After posting EI i found thats wrongly captured then i did canceled the EI as follows
2. GR Cancellation>Posted EI against canceled GR>Canceled the EI.
Now my RG23A got cleared.then i did again step 1 as well as MIRO.After did miro again i found that captured EI is Wrong. I have to followed below procedure to Cancel the EI,
3.Cancell the MIRO document in MR8M>GR Cancellation>Posted EI against canceled GR>Canceled the EI.
When i tried to POST EI one pop up message is coming i.e status of EI one is for INPROCESS another one one is for Posted .I chose Inprocess and entered i was getting following Error
No Part I exists for availing credit in excise invoice 364 2008
Message no. 4F112
If i Chose POSTED i was getting following error,
Excise invoice 364 2008 has already been posted for vendor 103769
Message no. 4F107.
Can anybody tell me where i'm wrong what procedure i need to follow
Regards
Govindarajhi
plz check the document year for inprocess and posted doc
now steps for excise invoice cancellation will be as follows
1 cancel MIRO document with MR8M
2 cancel MIGO document in MIGO
3 goto J1IEX choose post here give the excise invoice no of the document (u will get this no from table J_1IEXCDTL and field DOCNO)
4 now in misclinious tab give the rejection code and simulate u will find all the duties are reversed (compare with previous posting)
5 now ur invoice is cancelled and u can go for new GR and new postings
regards
kunal -
Hi,
The user has raised an incorrect Credit Memo in the system but the accounting document is not cleared yet.
How can I reverse the process?Hi Laxmi.
In VF11, if I try to process it it says that the document does not exists.It was possibly not posted and therefore cannot be read from the database.
But I can see the document in VF03.
Also we are not allowed to cancel Invoices.What we used to do is that we always created a credit/debit memo against an incorrect Invoice.So,we always avoided to cancel Invoice.
However in this case, I need to reverse a credit memo. So, I am not sure as to cancelling the Credit memo is the only alternative.? -
Dear Guys ,
the user has posted the credit memo accidentally instead of Posting the invoice in MIRO txn for the PO . Coudl you Please tell me how to cancel this credit memo . We are using MR8M txn , with the reversal reason as "02" the user is getting a error message as " Quantity invoiced greater then GR quantity" . But if i use reversal reason as " 01" then the allowed posting periods 06/2011 12/2010 are allowed for the compnay code is displaying .
Help me regadring this issue .Hi
Goto MIRO Click on the 3rd Button other invoices and input the credit Memo document. Then in invoice document menu click on the reverse.Give the reson and press enter.
If you cancel the credit Memo it will become Invoice and vice versa.
Posting period issue check in MMRV for allowed posting period.
Hope it helps
Karthik
Edited by: Karthik on Jun 30, 2011 12:05 PM -
REBATE CREDIT MEMO CANCEL OF CREDIT MEMO IN BW
Hi Experts,
I am generating report which is Rebate Agreements and invoices(Billing documents).
whatever the invoices related to Agreements it has to show in the report, BUT, if the Agreement is cancelled and generated a CANCEL OF CREDIT MEMO it should be negative. and for that particular agreement it should be nullify.
example
AGREEMENT BILLING DOC NETVALUE
185 0080800881(rebate credit memo) 1000.00
185 0013009957(cancel of credit memo) 1000.00 (-).
how to nullify the values once cancel of credit memo generated. plz provide me the solution.
regards
venuscm
Edited by: venugopal vadlamudi on Jan 6, 2011 6:55 AMthanks
-
Error During Cancelation of Excise Invoice
Hi All,
I am getting the followimg error when I try to cancel the excise invoice
"Excise Modvat accounts not defined for Excise Transaction CEIV
Please provide the solution for the same.
deepakDear Deepak
Refer Note 113480 - Reversal of Modvat Credit
which says
Reversal of excise invoice after utilization is done not possible
Cause and prerequisites
While Determination of G/L accounts for Reversal of excise invoice,
Rounding the excise values was not been done, which resulted in mismatch of values.
Do check if it is helpful
Regards
Jitesh -
Hi Help me it's urgent..how do i cancel open AP Invoice
We have an AP invoice. For that outgoing payment, we have used the Outgoing payment transaction, we had canceled outgoing payment and it was canceled but now how to cancel the AP invoice which is opened.
Message was edited by:
mohan muraliHi Mohan,
An Invoice cannot be canceled directly.
In order to close an open Invoice, create a Credit Memo, which is fully based on that Invoice.
Regards,
Goor -
Cancellation of old invoice can't be post, because the juristiction code
We change the tax juristiction code structure for Canada, according to some OSS notes. The total length were 4, now changed to be 13.
However, when we cancel the old invoice created before the structure
change, the cancellation invoice can't be post to accounting because
the cancellation invoice copies the same length of the juristiction
code from the original invoice, does not match with the current length
of the juristiction code.
Now the cancellation invoice is hold in the VFX3 block list forever,
can't be clean up. Is there any way to clean up the cancellation invoice, or skip the juristiction code check in FI posting?Hello,
I cannot contribute on the FI side but it is possible to get rid of the errouneus cancellations via note 388489. But there are some restrections. for instance you won't be able to recreate them again, the original document will remain cancelled. You will need a manual solution after that. for example you can create a debit or credit memo.
Balazs -
Hi friends,
How to cancel posted excise invoice(GR is completed) ?
Regards,
ChetanHi friends,
I have already tried it in quality system.
1.After cancellation of GR.I tried to post excise invoice but system showing the messege that No Part I exists for availing credit in excise invoice TEST 1 2007
2.J1IH reverse the entry but system is not showing these entries in excise invoice.
so due to this while entering Vendor invoice in miro system showing tax amount from excise invoice.if reduce tax amount then system showing balance in transaction currency.please suggest me whst to do ?
Regards,
Chetan. -
Cancellation of ERS Invoice for return Items
Hi all,
How to cancel the ERS Invoice for Return Item POs?
For normal items, we used to post a GR with 122 movement type and run the MRRL. But for Return Item POs we are unable to do that. Is there any other way?
Rgds, MallikPlease see the below help from SAP
The system determines the invoice amount for this ordering transaction from the prices entered in the order, the terms of payment, the tax information and the delivery quantity entered in the goods receipt.
Credit memos can also be created using ERS: if an invoice has already been posted for a goods receipt and goods have since been returned, the system automatically generates a credit memo for the returned quantity during the next ERS run. -
Dear All,
we need to cancel the vendor excise invoice which is captured and posted by J1IEX.
till now we have made GRN and captured and posted the excise invoice against the GRN but due to wrong entries in value field we need to cancel the posted invoice and recapture and post the excise invoice
so please guide me how do it for following conditions.
1) if i want to make complete cancellation and new posting against same GRN
2) if i want to post only some adjustment posting for correction
Regards,
VimleshHi
1. For adjustment you can use Excise JV - Tcode J1IH
Use this if there was error in amount of excise posted - Here Additional exicse means u enter more amount and other adj means you reduce amount
2. If you want to cancel the excise invoice and redo whole process then
In MIGO cancel the GRN ....
Case 1 .. if part 2 posted
goto J1IEX .. again post same vendor excise invoice to reverse the credit
Now in J1IEX cancel the same vendor excise invoice and ...redo whole process
Case2 .. if part 2 not posted
go to J1IEX and cancel the vendor excise invoice ...... redo whole proces from GRN till part2 -
Cancellation Internal Credit memo is not posted into Accounting
Hello All,
We have a requirement where the cancellation internal credit memo is not posted into accounting. It is a inter company sales return process. After return delivery, client created the internal credit memo. But due to some problem they cancelled the internal credit memo. But now system is not posted the cancellation internal credit memo into accounting. I did my analysis and found that client is using same number range for internal credit memo and accounting document. When internal credit memo is created system is assign the same number range to accounting document because of external number range field is ticked in Fbn1 .But due to wrong number assignment in internal credit memo. So when they cancel the internal credit memo, this internal credit memo number range is coming within the accounting document number range.But client is insisting that anyhow the cancel inter credit memo should be posted to accounting.
I have tried a lot. but i could not reach out to any solution. Kindly help me on proving me a solution on this.
Regards
SoumenduDear Soumendu:
I had received this warning when the invoice was cleared. If you revert this process is possible to post the cancellation into accounting.
Please check the status of the invoice.
Regards
Antonio Martinez R. -
Hi
Is there a way to cancel a credit memo in SAP.?
Thanks for the help
Sanjaya
PS:Sorry Wrong Forum
Edited by: Sanjaya Wicky on Jan 18, 2008 5:35 AMif you know the billing doc number, credit memo released invoice number
go to vf02 and select cancel or vf11. this should also create the account posting to clear out original credit memo. if acct posting doc gets blocked clear using Vfx3
Stacey -
Generate accounting document for cancel of credit memo
Hii Guy,
Need your help to solve this problem.
My user have perform VK11 to cancel of credit memo. in the sales order document flow, the status is OPEN.
my user cannot perform creating of accounting document for this cance of credit memo. what are the tcode to generate accounting document ?Nizamkz wrote:Hi,
>
> Hii Guy,
>
> Need your help to solve this problem.
>
> My user have perform VK11 to cancel of credit memo. in the sales order document flow, the status is OPEN.
Are you sure its VK11???? I guess for the cancellation if billing document its VF11......
Try to do the manual release to accounitng....by going to VF02 and pressing the Green Flag button after entering the cancellation document number. Or Else Try to reverse the posting with FB08.
Thanks,
Raja
Maybe you are looking for
-
Blackberry Desktop SW fails to start
I have just downloaded Desktop Software for PC from the website and installed it but when it tries to start the application I get an error message "BlackBerry Desktop Software has encountered a problem and needs to close. We are sorry for the inconv
-
Can anything be done about the slowness??
I really am trying to invest heavily in Intune as a tool, but loading the admin console in IE takes about 10 minutes. Can anything be done about this? I don't imagine it is a client side issue but figured worth an ask.
-
Notes/To Do App That Syncs w/MAC and iPhone
Want to be able to make simple notes, like stickies, on my MAC and/or iPhone and have them sync between the two...looked high and low. Anyone know of one?
-
A beginner to design pattern(Struct,Spring & Hibernate framework)
Actually I am beginner to MVC2 Approach of complex application incorporated by design pattern as Struct,Spring & Hibernate framework. Currently I am learning JSP Concepts,I have one doubt. (1)What are the things I should grasp even before taking off
-
Error occurred while importing photos via autoplay to windows, access denied??
It has just stopped working about a month ago?? I have always been able to import all photo's and video's no problem, Now I have this error and access denied box