Credit memo to vendors

hi Guys
what is configuration steps for vendor credit/debit memo and customer credit/debit memo what is use of cr/dr memos .
G.Krishnamohan

Need Debit Memo and Credit Memo
Regards
A

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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,

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.

AP-Credit Memo-Clear Vendor/Credit Memo

Hi all, I am facing Problem during Vendor Credit memo, Clear it (F-44), and Manual Check using F-58
Can I have different Due date For Vendor Credit memo , as I can see we have different Payment terms in Master data but whenever I post it gives the Due date as Immediate but if I see Open item report it says not Due and shows the Payment terms and the net due dates. Is this Normal?
I would like to clear the credit memo using the F-44 with reference to another open line item but system says Difference is too large for clearing.
The third thing I am trying to issue manual check I gave details, as per "J03_AP_CreditMemo_BPP_EN_US", when I hit Process open Items "system is not allowing to post document getting error "Select a valid function"".
Any Ideas How to deal with the above 3 situations?
Sandhya.

Hi,
To answer few queries,
Data can be entered in the field for the terms of payment key in various ways as you enter a business transaction:
In most business transactions, the system defaults the key specified in the master record of the customer/vendor in question.
In some transactions (for example, credit memos), however, the system does not default the key from the master record. Despite this, you can use the key from the customer/vendor master record by entering "*" in the field.
Regardless of whether or not a key is defaulted from the master record, you can manually enter a key during document entry at:
item level in sales orders header level in purchase orders and invoices
F-44--clearing problem
If the amount of open item is not equal to clearing amount you enter and the difference is not with in the tolerance limit you specify in the configuration, you will face this error. If the whole amount of open item need not be cleared, then try partial payment/residual payment options.
The third situation I am not clear.
Thanks
Aravind

Quantity Issue while Reversing a Paid Credit Memo of Vendor Return PO?

Has anyone encountered the following problem when posting & reversing GRIR transactions against a Vendor Return PO'?
We have a Vendor Return PO with a single line item - the return indicator is checked. The PO is issued and released. The GR is entered (mvmt type 161) and then the IR (credit memo) is entered. The user then entered another GR to reverse the transaction (mvmt type 162) and then attempted to reverse the Credit memo by posting an Invoice against it. The way they did it, the invoice added another quantity credit of 100 but posted the $ value (debit) correctly - as this is an invoice and not a credit memo, the quantity that posted should have also been a debit of 100, not a credit.
Has anyone experience this issue? Could the problem be the order in which the document reversals were entered? Instead of entering them in the order that they were originally entered, maybe they needed to reverse the credit memo 1st and then the GR (mvmt type 162)? Could the fact that the transaction occurred last year and we are attempting to correct it this year, make a difference?
Also, we have no idea how to get the quantity to correct.....any help would be appreciated.
Thank you.

Anyone to help on this please, thanks in advance.

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.

Credit Memo for Vendor Return..

We want to restrict the credit memo based on following condition.
Credit Memo should be possible only after Vendor return document (122)
Whether is it possible through BADI

HI
try following sap note
1156325
Regards
kailas ugale

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

Printing of Vendor Credit Memo - Urgent

Hi Experts,
I want to issue a print output of Vendor Credit Memo to vendor. Could I get the configuration steps please.
regards,
Mallik

If you are talking from FI Credit memo, pls do configure the following : Under AR/AP in FI.
Define Correspondence Types
Create Report Variants for Correspondence
Assign Programs for Correspondence Types
And use T codes Fb12 and F.61 or F.62 as per your requirement.
Pls check whether the available standards applicable for your purpose.
regards
S

Vendor credit memo

hi all,
How to post credit memo for vendor withrespect to PO or Invoice.
Rds,
Javed

Hi,
Credit memo: This is done when the material returned reduced price
Path: Accounting  Financial Accounting  Accounts payable  Document entry  Credit memo u2013 general (F-41)
Regards
Surya

Auto credit memo generation on Posting movement 161 reurn to vendor

Hi Friends,
I would like to set up auto posting of credit memo in FI on posting movement type 161 in MM
Return to vendor with returns PO.
When i post it in MM system is properly reversing entries from stock account and GR/IR is credited
I want to avoid the MIRO step to generate the credit memo to Vendor
Are there any settings from FI side for auto credit memo creation ?Can anybody help me in FI settings?
Thanks
Diwakar

double thread

Error in MIRO posting for credit memo in return PO

Dear Sir,
I have made a return PO for Vendor rejection.Then made a good return for the same with 161.Then post the excise return through JV J1IS. But when I am posting the Credit Memo for vendor system showing the Error - RG23D Part 2 has not been done yet.
But on the other hand the excise has been posted in J1IV and part 2 can be seen in material document in excise tab.
Then why system is showing the above said error. Please suggest for the same.
Regards,
Sandip Sahu
Edited by: Jeyakanthan A on Nov 17, 2011 10:42 PM

Hi
system showing the Error - RG23D Part 2 has not been done yet.
R u sure you are getting this error?
As per me in register Rg23D there is no Part2 concept it only update register RG23D with excise value and qty
Is your plant is Depot or dealer registration
please check your excise group and series group properly
Regards
kailas Ugale

Payment terms in Credit Memo

Hi Experts
This refers to credit memo to vendors thru FB65.The vendor master has payment terms populated which gets carried forward in case of a credit memo.
The solution of entering a "credit memo" payment terms in the vendor master has been explored but has been put on hold for practical reasons and making changes to already existing vendor masters.
Is there a solution whereby,at transaction level, the system takes a separate payment term during credit memo other than the invoice payment term.
We are on 4.7 EE version
I tried to check out substitutions - but the payment term is not a substitutable field in OBBH.
The main idea is that we do not want to disturb the vendor masters and get a solution at transaction level
Any thought or workaround will be much appreciated.
Regards
Swami

Hi Srikanth,
As you perfectly mentioned,field ZTERM is not allowed to use for substitution in standard: take a look to table GB01.
The entry is excluded. If in your system is not excluded you used a modification. Note 42615 explains which fields can be substituted.
Pmnt terms work in the following way for credit memos:
1. if 'V' is entered in field 'invoice reference', due date is calculated the same way as for an invoice.(this means you also
have to enter the terms of payment in field bseg-zterm. With entry 'V' you only indicate that the due date of the credit memo is not identical to the payment period base date, if you have entered a special terms of payment in the document)
2. If credit memo refers to an invoice, you can enter invoice details in field bseg-rebzg (invoice ref.)so that credit memo will pick up same payment terms as invoice.
3. if '*' is entered in field 'paymnt terms' then the payment terms are picked up from customer/vendor master record.
Hope the explanation is helpful to you.
Best regards,
AZ

Credit memo for scrap

hi,
when item found out to be in bad condition, vendor agrees to scrap without return. so in this case, i do not need to do return PO.
    10pcs * $10 = $100
    a migo - dr stock    100
                 cr grc       100
    b miro - dr grc        100
                 cr vendor   100
    c stock adjustment due to 2 item damage.
             dr scrap           20
             cr stock           20
    d credit note from vendor $10 * 2 = $20
may i know what suppose to be the account to be credited?
    e miro - create credit memo
            dr vendor          20
             cr ??               20
thanks

>
Ask_Comm wrote:
> hi,
> how can it be credited grc account? any advice?
> thanks
system is going to reverse the entrys of invoice verification at the time of   subsequent credit
look at the time of invoice verification entrys are
100 dr GR/IR
100 cr Vendor
now at subsequent credit
20 dr vendor
20 cr gr/ir
so net effect is
80 dr gr/ir
80 cr gr/ir

Credit Memo Invoice Reference for EDI (Inbound)

Hello,
When posting Credit Memos with EDI, SAP is not checking the invoice reference in IDOC segment E1EDK02 QUALF 009 to match the credit memo for vendor invoice that is already posted in the system.
Is there a note or config that needs to be done to invoke the reference number checking for Credit Memos?
We are on ECC 5.0 using INVOIC02.
Any help would be greatly appreciated.
Thank You.

Hi PP,
thankyou. My Credit memo request has the previous date. Date of Confirmation and service rendered.
When billing, i am not able to change settings.. as the fields were greyed out.
I am not too familiar with CRM billing .. but in ECC .. we use the Date Service Rendered. this date would take the correct VAT effective date.
When i go to the item overview, all the fields have been greyed out. and i am not able to change any fields. is there somewhere in the settings that i could make the Pricing date and Date Serv. Rendered editable in the credit memo
thank you
F Bushfield

Credit memo to vendors

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