Credit memo Doubt

Hi,
can I create a credit memo against an Invoice which is in error status due to some accounting issues. Basically the accounting is not yet hit and if I create a credit memo agianst the Invoice then it will hit accounting so wouldnt it create discripancy?

Hi Christino,
This is not usual practice, because in a long time running productive system all SD invoice are usually automatically booked against FI without problems.
On the other hand, I believe there should be any problem, because each SD invoice has it's accounting life and they are not related.
I guess you can't cancel the SD invoice, change the Sales Order pricing and invoice again?
Instead of sending a credit memo to your customer, you would just send him the invoice cancellation and a new invoice => Cleaner process IMHO.
Best Regards,
Franck

Similar Messages

  • Create 2nd AR Invoice base on Delivery after create a partial Credit Memo

    Hi,
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    2) User need to create a new AR Invoice with the corrected pricing, the newly created AR Invoice must not lost the linking between the base document. Meaning, we need to copy the new AR invoice from Delivery or Sales Order to maintain the base document tracking.
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    Thanks.
    Regards,
    Kong Chee Ann

    Hello
    We are investigating the same issue because we have the exact same problem. Same issues on the Purchase side.
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    2) or generate a second group of document with a UDF to keep the link to the original documents
    Either way, this looks very manual and potentially dangerous in terms of authority.
    If you have other ideas, I would be happy to work with you on that topic.
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    Fabrice

  • Creating A/R Credit Memo via copying from A/R Invoice

    Hi all,
    I have a problem creating A/R CREDIT MEMO via copying from AR invoice. there are no list of invoice appear eventhough the Customer im trying to add in credit memo are exists in ar invoice.
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    vin

    Hi Melvin....
    First of all welcome to SAP Forum.
    Let me tell you its a wrong forum where you posted your query.
    You should post your query in SAP Business One Core Forum.
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  • Delivery vs Invoice in Sales A/R  --- Return vs A/R Credit Memo

    1. What is the difference & relation between Delivery in Sales-A/R vs Invoice in Sales-A/R?
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    2. What is the difference & relation between Return vs A/R Credit Memo? Again, I found these 2 are very similar.

    Hi Tom,
    Let me put this Briefly:
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    4. Similarly the return documnet is created with reference to a Delivery. It is the correction doc for a Delivery. When you are creating a return with reference to a delivery the stock postings are done but on order to do value postings you will have to create a A/R credit memo wRT  the Retuns. However again when you are creating a stand alone A/R Credit memo both stock and value are posted .
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    Reward points if helpful.
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  • Credit Memo all my material items to be directly posted to Balance Sheet account

    Hi Experts
    My client has a  scenario where for certain items they create a credit memo request document and finally a credit memo document from the VKOA system is picking the revenue bearing GL and posting all the line items to that G/L account
    Manually my customer is again checking and extracting the p/l and posting to balance sheet account
    is there a way where we can directly post these entries to Balance Sheet account
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    Hi Sanil
    Thanks for the quick reply, can we assign a balance sheet account directly in VKOA in the G/L account field or do we need to add this in directly in Provision acc field
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  • MIGO Is mandatery in Credit memo in 3rd party ?

    Dear  SD Experts ,
    i know the 3rd party processing But i have One Doubt please explain me
    2 Steps we have to do In Third part return process.
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    http://scn.sap.com/thread/987949
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    ME21N( Ret PO )-- MIGO---MIRO ( Credit memo with ref to Ret po )
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    Second thing is TASG Is item category For credit memo in third party ..i have checked in VOV7
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    Thanks a lot

    Dear Madhuri ..
    You mentioned is How to bring stock From Customer and sending to vendor Right
    This is special process
    Coming to TASG Item category , i have to tell you How credit memo is created in Third party process
    I Am telling as per My knowledge
    Now create credit memo  ....Create credit memo Req  ( G2) with ref to Invoice not with Third party sales order
    While maintaining in VF01 Maintain Billing type G2S Only Not G2
    Coming to TASG Item cat in copy control we have to make Between TAS --TASG Item category level In the Sales document type to Billing document type source and Target doc.
    Dear Mentors please Tell me if i am wrong .
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  • 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.

  • Tax in credit Memo

    Hello,
    I have a doubt regarding tax posting in credit memo.
    When we create an invoice , let us say we charged 12% of tax of final price $1000, means $120/-, which will post to a seperate account.
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    Prase

    Dear Prasanth
    If original invoice have tax conditions, then In Credit Memo also, tax values will flow.
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  • Credit memo request / credit note

    I have a doubt in credit memo request setting.
    I have setup to create a credit memo req in sales with ref. to either billing doc or sales doc.
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    Thk,
    Ann

    "Item Rejection reason" may be used in Sales Order, when there are multiple line item & some of them are not to be executed. The items which are not to be executed, should be maintained with "Item Rejection reason"
    <i>So you mean to say that I need to change the quantity/correct price in my credit memo request? So that the right amount copied to the credit note?</i>
    The anwer to this is Yes.
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    <i>case 2: also if only the invoice is sent to the customer, but if they have not paid the company</i>
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    Regards,
    Rajesh Banka
    Reward points if helpful.

  • Credit Memo Appliying in AR (11i)

    Dear All,
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    If I created the credit memo on 1-MAY-09 and transfered the CM to GL on the same day. Now the May-09 period is closed and the only open period is Jun-09. Can this CM apply (Action -> Application) to any positive trx?
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    Vamsi,
    When I go to action -> application and click the LOV of the "Apply to", the system gives a error below:
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    Jerome

  • Returns, Credit Memo, Credit Memo Request

    Hi All,
    Can anybody clear my doubts for the below mentioned and i would require the process flow please with Transactions and Order Type, Billing Type etc.
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    •Credit note without stock receipt
    •Value credit note
    Thanks & Rgds
    Naveen

    Hi Naveen,
    Booking goods reciept - returns order with document type RE ,can be created with or without reference to the sales document no. OR Credit memo request.
    Credit note with stock reciept - Creating credit note (billing document type) with reference to inbound delivery document. Items relevant to delivery in returns order.
    Credit note without stock reciept - Credit note ( Credit memo - Billing document type) with reference to Returns documnent ( without reference to Inbound delivery, Item not relevent to delivery)
    Value credit note - Credit memo
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    Praveen.

  • Due  date  calculation  in the  credit  memo

    Hello,
    I  need  to  have  the  same  due  date  in  the  credit  memo  as  in  original  invoice...
    Is  there  any  setting  for  this?
    Thanks and  best  regards
    L

    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.

  • Adjustment Processing of Debit memo and Credit memos in AP

    Hi all,
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    Minhtb

    Hi Minh,
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    b. Use T Code F.62, there give company code, document number, fiscal year and document time. In the output control you should give the standrad form and print it. (Normally this is not used)
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    The second step involves a development to be done and you can satisfy the your customer by giving the debit / credit memo in their format.
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    Regards,
    A.Saravanan.

  • Debit balance on Credit Memo

    We are in the process of implementing Oracle Receivables v. 11.0. Is there a way to make sure that credit memos do not have a debit balance? (i.e. users don't forget to put the negative sign in on a line causing a debit balance?) We do plan to have mixed signs on the credit memo, but they should never have a positive balance. For instance - we want to credit the returned product, but debit a discount given for that product. Any help would be appreciated. Thanks.

    Hi Hoo Laa,
    Your statements are absolutely right.
    Suppose we area a seller and our customer is a buyer.
    We sold the goods to customer and due to some reason customer return these goods (Bad quality etc), suppose before returning the goods we have already billed the customer
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    Just opposite in the debit memo, we have sold the goods 100$ per piece. Now after selling the goods, we and customer are agreed that the price should be 120$ per piece. Now we have to debited the customer account for 20$ per piece.
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    Regards,
    MT

  • Credit memo referencing

    Hi Gurus,
    I know that cr memo can be created with reference to a Billing doc or a cr memo request which reference either a billing doc or an order.
    What i am unclear is the way of describing the referencing.
    Cases:
    1. Cr memo creation with reference to a billing doc : in this case, the billing doc is the reference doc.
    2. Cr memo creation with reference to a cr memo request : in this case, what is the right way to describe it?
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    Cr memo creation with reference to a cr memo request : in this case, a cr memo can be referenced to a cr memo request which is a sales doc type. Which means we can also say a cr memo can be referenced to a sales doc (cr memo request).
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    Last but not least, in a Returns scenario,  cr memo is created with reference to the Returns order although there is a delivery doc created .  In this case, I can say that cr memo is created with reference to an order that is the returns order.
    Please advise.
    Regards
    M Russo

    Dear Russo
    Firstly, we need to be very clear about 'returns' & 'reversals' entries/postings.
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    Returns order is created when  a customer RETURNS the goods for whatsoever reasons.
    This follow with Returns delivery, PGR (post goods receipt) & returns invoice.
    The best practice is to create credit memo request wrt original commercial invoice.
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    Reversals is different.
    meaning, literally 'reversing' the postings, entries, movements, etctc....
    Hope I made things clear.
    Rgds
    Sumanth.Gururaj
    Consultant/Systems Analyst
    SAP SD/MM/CIN

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