Credit for damages

Hi,
When an Item is damaged in transit during vendor delivery, the vendor needs to refund for the damaged item. Hence the item was completely damaged the vendor says dont return the item but will issue the credit. I would like to know how to process the vendor credit when we dont have a return PO.
Thanks.

Hi
In case the Invoice is already made then we have create return PO i.e returns indicator in the PO line item and do the GR with refrence to return PO then system automatically consider the mvt 161 and then create the credit memo with refrence this PO.
In case the IR not prepared then
Create the return delivery w.r.t to GRN document and capture the reason .when you recieve the damaged qty then do the GR w.r.t material document
Edited by: sunny on Dec 11, 2010 3:59 PM

Similar Messages

Credit note, credit memo and credit for returns

All,
Can anyone explain to me the difference of the followong scenarios?
-Credit note
-Credit memo
-Credit for return
tia - Pablito

credit note and credit memo are same i.e when u pass the credit to the customer because of the excess amount u taken for example the high priced invoice, to balance it u create this type of document.
credit for returns is exclusively when you take back ur damaged goods for example u return the value of the goods to customer thru this type of document.
reward if helpful.
regards,
seshu.

Customer not ready to send free of goods back But he wants money back for damaged stock

Dear sd Experts please tell me How To Achieve In SAP
Customer : 120000
Company: AAA
AAA Company offered if customer purchased Material ZZZ For 100 qnty They will Give Free of goods Material XXX 15 For Diwali
: ex: Now customer Purchased 100 qnty and he got 15 Free of goods from the company Now This scenario ok Imagine stock reached just one day before DIWALI suddenly Customer Found some damaged stock Like 10 Items
now he wants to back the stock and he doesn't want the same material 10 Items (zzz) He wants only Money
because Once DIWALI Completed he cant sell the products he will be in loss ( i am giving just example to understand)
so he wants money back .....................For 10 Qnty
But he is not ready To Give back Free of goods Back (XXX) Because He purchased the stock From the company is giving free goods thats way
Yes it is correct point From the customer side because every customer will think like this only no wrong with him ...
Now coming to Company issue .... Company everything calculated material cost and finally decided That 100 Material ZZZ We can give XXX 15 Material As a free of Goods here no loss and no profit
But if customer Is asking Money back for Damaged stock and he doesn't want To give free of goods back ,,, So here from company point of view some loss will be generating definitely..100 % so how we will proceed with FI @MM IN SAP
Because I think another option plz guide me
Thanks a lot

Dear Venu,
As i understood On a purchase of 100 TVs--10 DVD players are free(may be 10+1 offer)
Now after receiving customer found 10TVs damaged
(only TVs got damaged--not the free good DVD players)
So he returned those damaged 10 TVs back to Business and he dont want to take this new 10 TVs based on his sales after his seasonal experiences.
So now the adjustment can happen in the following ways:
(solely depends on your understanding with your customer)
1.Adjust the total amount only for 90 TVs(you can use credit memo else invoice correction request)
2.here the question comes is for 90 TVs only 9 DVDs are free--(here again you can do in two ways charge the customer by a debit memo for additional one piece of DVD player or ask the customer to return that one DVD player)
Hope this helps.
Very Important note:
I just saw somebody asking you to correct your punctuation and there is a like given by Our senior and respected member JP. we have to understand one thing here--always we need to take these comments as positive manner(recently our respected moderator JP cautioned me too through a direct message asking to correct my diction and some spelling mistakes--which i might be doing without any intention)
Remember one thing in life--- all of our respected senior members are here to help us whenever we are facing career threatening issues--even though they dont know us personally --they are helping us & we come out with victory and smiley faces from all these issues--we should respect their comments and say thanks to the people who is correcting you at your career.
To Respected JP: sir--i think you might have observed the change in my approach too
(like ""me too"" at your message)
whenever i am crossing-- requesting you again to correct me.
sorry to give this pain again to you sir.
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Phanikumar

Purpose & Net Value of Return PO - For Damaged or Recycled Material or both

Dear all
As far as I know about the Return PO, they are summarized as follows:
Examples for returns for purchase order:
. You procure filters from a vendor. You return the dirty filters to the vendor for recycling.
. You have agreed with your cable vendors that you can return cable remnants to them. You then receive a credit memo for the value of the copper contained in the cables.
This is always happen after we have posted Invoice Verification (MIRO) in the system and make the Outgoing Payment (F-53).
Question 01:
Does return PO cover both scenario such as
(a)Return the damaged material to vendor which we discover its defect after invoice verification or post outgoing payment has been made?
(b) Return the recycle material to vendor after invoice verification or post outgoing payment has been made?
Question 02:
We are using Info Record for the material.
(a) In the case of Return the damaged material to vendor, the return PO will have the net value suggested from info record
and it makes sense since we want our AP (account payable) to be reduced.
(b) In the case of Return the recycle material to vendor, the return PO will have the net value suggested from info record but
iit makes no sense as vendor will not agree to have the recycle material same price as the first purchase price.
Please advise.
Thanks.
Edited by: Daimos on Oct 12, 2009 3:28 PM

Hi,
Q-1
a) Return the damaged material to vendor which we discover its defect after invoice verification or post outgoing payment has been made?
For damaged returns, you need to cancel the Gr Posted , movement type 102 and thenreturn it to vendor using movement type 122. So return P.o. function is not applicable here.
b) Return the recycle material to vendor after invoice verification or post outgoing payment has been made?
Yes , for recycled material as stated by you it is applicable.
We use return purchase order, when purchase order is made. Here we tick the Returns indicator in the item overview of purchase order screen.Movement type for return indicaort is 161.
Also would like to add a example here;
Q-2) In the case of Return the recycle material to vendor, the return PO will have the net value suggested from info record but
iit makes no sense as vendor will not agree to have the recycle material same price as the first purchase price.
Supopose you order a printer cartridges from your vendor for which you are creating retun P.O. then you must define top two material number one with full printer cartridges, for which you pay vendor and other material number for empty cartridges for which you create a credit memo when you return them..
So when here you can create a Purchasing info record for empty cartridges with a price agreed with your vendor, and can create a credit memo.
So now you have two info records one for full filed cartridges and other one for empty cartridges . So price issue will ntoa rise.
Regards,
Tushar Patankar
Edited by: Tushar Patankar on Oct 13, 2009 11:47 AM

Letter of Credit for Vendor Payments

Hi All,
We are implementing ECC 6.0 Version.
The client requirement is to create Letter of Credit for Vendors and to capture data relating issue of Letter of Credit, Terms of Payment and Expirition Date. Against a Single Letter of Credit issued to a vendor client may receive more than one Invoice till the Expiry period of the Letter of Credit and Value. Further, client may also amend the Old Letter of Credit by extending the validity period or the value of the LC.
I know that we can create letter of credit through Special GL indicator 'L'. But it is one Letter of Credit to One invoice for clearing. How to map one letter of credit to multiple invoices and how we can capture expirition date of LC.
Further same vendor can have multiple LC opened against them for different projects. Please let me know detailed configuration steps.
Best Regards,
Bhargav.
Edited by: Bhargava Ram on Oct 3, 2008 3:40 PM

Hi,
Sorry i guess my question is not clear. It is not to link any LC with PO
The client will raise a single LC against any import vendor. Since these are large CAPEX related purchases, the vendor will send multiple invoices. The bank will adjust the LC against the invoices. Post adjustment the bank will send th advice to the company.
My question was how we can adjust multiple invoices against a single LC
THanks
Sembian

Follow-up posting flow type Credit for 870 does not exist

Hi SAP,
I am having a problem when try to recalculate cash flow in FO38. System popup error Message no. 62179 (Follow-up posting flow type Credit for 870 does not exist). The error details is like this:
Diagnosis
You have changed the data in such a way that follow-up postings have resulted.
No follow-up posting flow type has been defined for Credit for the flow type 870. A proposed flow type for flow type 3NCH has not been defined either.
System Response
Processing cannot be continued without the flow type.
Procedure
Contact your system administrator.
Procedure for the system administrator
Check and correct the settings for the reference flow type for follow-up postings in Customizing as required.
Is there any setting in configuration Txn SPRO should i do? Will give points for those who help me out this problem.
TQ
Regards,
Nazrul

Hi Nazrul,
yes, there are reference flow types missing for follow-up postings. Follow-up postings are created if condition amounts have been changed and that affects already posted items in the cash flow. In this case follow-up postings are generated. For the follow-up postings the system uses special flow types that have to be maintained in customizing.
SPRO - Real Estate - Conditions, Flow Types, Account Determination - Maintain Flow Types - Assign Reference Flow Types
Relevant relationship keys are:
2 IS-RE: Follow-up postings due to condition incr.
32 IS-RE: Follow-up posting due to condition reduct.
You have to assign reference flow types for these relationship keys.
This should help.
Regards, Franz

HT5622 I think my granddaughter bought a $3.99 app after I put the password in for a free app. How can I find out what she purchased? Can I get credit for it? I just got an email from my credit card confirming the purchase.

I think my granddaughter bought a $3.99 app after I put the password in for a free app. I just got an email from my credit card confirming the purchase. How can I find out what she purchased? Can I get credit for it?

The password is good for 15 minutes to make purchases. You should receive a receipt in 24 to 48 hours for the purchases. There is a link to Report an issue. You could use that to start a conversation with iTunes Support about a refund.
Apple considers all sales final. But has been known to offer a one time refund. So the question is, do you want to use your one time refund on this purchase or one more expensive in the future?

Approval required for raising credit memo request and credit for returns.

hi experts,
In Standard SAP, credit memo request has a credit billing block. It has to be released by an authorised person. But for my client
it has to be approved by 4 persons. In case of returns, Credit for returns also needs to be approved by 4 persons.
Client wants Yes or No pop-up screen
The chart Showing Approval for Credit Memo from four users, if all four users approve u201CYesu201D Credit Memo can be issued. And it cannot be issued if any of the four users doesnu2019t approve for credit memo.
Credit Memo request
approval by USER1
approval by USER2
approval by USER3
approval by USER4
Credit Memo
Any idea or suggestion doing this please share...
your reply will be appreciated with points.
Thanks and regards,
-Jay

Hi,
In our project,we have a similar requirement.
For this,we have developed a "Z" table which has the fields as "Credit control area",Customer credit group from,customer credit group to,Refund value from,refund value to,Approval Levels(values like Cash colletion credit manager,Senior order sales manager etc....These values were maintained in Domain),First Approver,Additional Approver,Additional Approver and e-mail address for rejections.
The values for First,additional approvers will be fileld with position numbers which were created by HR team.
Based on the Sales value,a work item will be created in approver's mail box i.e. in SBWP T.Code.If no action has been taken,then an escalation is going to send to managers of these three approvers.This Heirarchy will be mainatined in HR module.
Please check with your ABAPer for developing this logic.
Regards,
Krishna.

MIRO- Document number already exists on Subsequent Debit/Credit for 3rd pty

We have problem in invoicing a third party Purchase order, we get the message as " Document -<SD invoice> already assigned".
Error: F5152
Our Flow is: SO created-- PO Created--MIGO MIRO VF01.
Now the Vendor sends a Debit/Credit for the same PO.
While posting a vendor invoice in MIRO for subsequent Dr/Cr, the system(FI_DOCUMENT_NUMBER_CHECK) checks the number range of already invoiced SD document# and we get the error message " Document -<SD invoice> already assigned".
I checked the other question posted for this but did not see the solution.
Nimit

Please dont cross post in different forums per forum rules.
As mentioned in the other forum check OSS Note 414742 - Error F5 512 during the billing document update.
Regards,

How do I get credit for Adobe Touch App purchases?

I purchased two Adobe Touch Apps a few months ago: Photoshop Touch and Ideas. Today I subscribed to Adobe Creative Could and saw that I can get a month free by purchasing three Touch Apps. So, I purchased a third Touch App today, Proto.
Okay. Now, how do I get credit for these purchases so that I can receive my one free month of Creative Cloud as advertised?

Qualifying Touch Apps:
Photoshop Touch - ios
Adobe Ideas        - ios
Adobe Collage      - ios
Adobe Proto        - ios
The process of activation would happen automatically when you login in the third touch app.
And you will get notification of extension via email in next 60 days.
Thanks
Mandhir

Letter of Credit for Imports

Hi All,
How to map letter of credit for import purchase orders in MM module. The foreign Trade part of SD module only talks of export.
Prashant Tawde

Hi Phani
Thank for your help
Please tell me step by step from creating a letter of credit to paying
I have a business below:
1. The Clearing agent ask for amount, the person who receive the product will give Letter of Authority to Clearing Agent. The clearing agent move to bank and take check.
For this purpose, we just issue LA.
2. Prepare Purchase for the Vendor from whom we are going to receive the product. There may be 2 or more Vendors.
1. Product cost to be transferred to Vendor A
2. Freight or Other Charges to Vendor B
3. Customs Duty and Others to Vendor C
3. First We have to pay Customs Duty to Commissioner of Customs after LA issued.
Entry : Customs Clearing a/c   Dr
           Cess on Custom a/c    Dr
           CVD Clearing a/c       Dr
           Cess on CVD a/c       Dr
           Special CVD a/c        Dr
           Vendor C a/c             Cr.
4. Cenvat credit for the product will be taken by person who handling Excise in that company
Entry : Cenvat Clearing a/c Cr.
            RG23A Part II   a/c Dr.
5. Clearing of Cenvat Credit
Entry : Cenvat Clearing a/c Dr.
            CVD clearing a/c    Cr.
            Cess on CVD a/c     Cr.
            Special CVD a/c     Cr.
6. After Bank payment they will transfter to us
Entry : Vendor a/c - Dr.
           Bank   a/c - Cr.
Please tell me how to configure and post accounting entries
Step by step
Thank you very much
Minh

How to config letter of credit for an import

hi gurus,
can somebody explain me how letter of credit is configured for an import. it would be highly appreciated if i get a step by step procedure.
best regards
sayeed

Hi,
Refer to this weblink
http://www.sap-img.com/financial/process-of-letter-of-credit-for-imports.htm
or
refer to this sdn thread
letter of credit
Please let me know if you need more information.
Regards
Sridhar M

Process Of Letter of Credit for Imports

Dear all,
Any one tell me process Of Letter of Credit for Imports ?
which transaction code can I use to post accounting entries ? which step to configure ?
step by step
Thank in advance
Minhtb
Edited by: Tran Binh Minh on May 8, 2008 5:44 AM

Hi Phani
Thank for your help
Please tell me step by step from creating a letter of credit to paying
I have a business below:
1. The Clearing agent ask for amount, the person who receive the product will give Letter of Authority to Clearing Agent. The clearing agent move to bank and take check.
For this purpose, we just issue LA.
2. Prepare Purchase for the Vendor from whom we are going to receive the product. There may be 2 or more Vendors.
1. Product cost to be transferred to Vendor A
2. Freight or Other Charges to Vendor B
3. Customs Duty and Others to Vendor C
3. First We have to pay Customs Duty to Commissioner of Customs after LA issued.
Entry : Customs Clearing a/c   Dr
           Cess on Custom a/c    Dr
           CVD Clearing a/c       Dr
           Cess on CVD a/c       Dr
           Special CVD a/c        Dr
           Vendor C a/c             Cr.
4. Cenvat credit for the product will be taken by person who handling Excise in that company
Entry : Cenvat Clearing a/c Cr.
            RG23A Part II   a/c Dr.
5. Clearing of Cenvat Credit
Entry : Cenvat Clearing a/c Dr.
            CVD clearing a/c    Cr.
            Cess on CVD a/c     Cr.
            Special CVD a/c     Cr.
6. After Bank payment they will transfter to us
Entry : Vendor a/c - Dr.
           Bank   a/c - Cr.
Please tell me how to configure and post accounting entries
Step by step
Thank you very much
Minh

Letter of Credit for imports, openning amendment and closing process

Hi All,
Can any body explain the process for the letter of credit opening amendment and closing process for imports.
ur earliest response would be highly appreciated.
Thanks & Regards,
Althaf.

Hi Phani
Thank for your help
Please tell me step by step from creating a letter of credit to paying
I have a business below:
1. The Clearing agent ask for amount, the person who receive the product will give Letter of Authority to Clearing Agent. The clearing agent move to bank and take check.
For this purpose, we just issue LA.
2. Prepare Purchase for the Vendor from whom we are going to receive the product. There may be 2 or more Vendors.
1. Product cost to be transferred to Vendor A
2. Freight or Other Charges to Vendor B
3. Customs Duty and Others to Vendor C
3. First We have to pay Customs Duty to Commissioner of Customs after LA issued.
Entry : Customs Clearing a/c   Dr
           Cess on Custom a/c    Dr
           CVD Clearing a/c       Dr
           Cess on CVD a/c       Dr
           Special CVD a/c        Dr
           Vendor C a/c             Cr.
4. Cenvat credit for the product will be taken by person who handling Excise in that company
Entry : Cenvat Clearing a/c Cr.
            RG23A Part II   a/c Dr.
5. Clearing of Cenvat Credit
Entry : Cenvat Clearing a/c Dr.
            CVD clearing a/c    Cr.
            Cess on CVD a/c     Cr.
            Special CVD a/c     Cr.
6. After Bank payment they will transfter to us
Entry : Vendor a/c - Dr.
           Bank   a/c - Cr.
Please tell me how to configure and post accounting entries
Step by step
Thank you very much
Minh

Materials Management: Letter Of Credit for Vendor in SAP ECC 6.0

Hello Experts,
We are in the process of implementing SAP GTM for our Client.
One of Our Prime requirement is to map Financial Document "Letter Of Credit" for the Vendor in case Imports. I found that Letter Of Credit can be created only for Customer in Sales/Foreign Trade but the same option is not available for Vendor.
Does sap support Letter Of Credit in MM-Imports or in Finance for Vendors?
Thanks & Regards,
Ganesh

Hello Debasis,
Post EPC installation,you need to perform configuration of EPC through portal.You can see it listed under configuration--> configuration scenarios-->EPC.
During configuration you will be asked to define path of you primavera installation and a user on that system with sufficient permissions. This user is called APS user.
Try to do a mock configuration run on sandbox/dev system and then you can follow the guide.
Regards,
Hetal

Credit for damages

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