Credit note adjustment
Hi Expert,
Can u please suggest any work around/ option for following scenario.
Scenario -
Retailer purchased 10 Nikon DSLR camera @ 1000 USD each.
Over the period he sold 5 cameras, Nikon came up with price reduction as they launch new model. So now camera price is 800 for retailer, instead of credit note for 1000 USD Nikon will give other accessories worth 1000 USD .
But if retailer will sell these camera @ 900 USD then in systm, it will be treated as loss.
Is thr any option where we can link the Credit Note in kind with Item price??
thanks in advance
Regards,
Lim
You will need to make a manual price adjustment to the items by using stock revaluation to bring down the item cost of these items.
Do a Goods Receipt to bring the other replacement items into stock at their value.
You can change the GL account this will hit in the document so the two offset each other in the GL account
Similar Messages
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Credit note adjustment against invoice
Hi Gurus,
We have an issue for adjustment of credit memo amount against invoice in F110. User is not maintaining invoice reference number in credit memo. At the time of F110, credit memo is getting adjusted against invoice for certain company codes vendors and it is other way around for other company code vendors. Please share your views on where the problem is....
Thanks in advance.Hi,
Please check the payment terms of the credit memo.
1. You can pay open items together using APP, but only if certain fields are identical. The structure ZHLG1 specifies these fields. Important fields are Currency, Payment mthd in item, Bank details in item.
2. Whenever inv and credit memos are in different payment groups, you cannot clear them together, even if the credit memo contains an invoice reference. In your case, the invoice ref is not used.
3. Invoice and credit memo must be due at the date of clearing. Check if REBZG='V'.
4. Indicator 'Single payment for marked item' in payment mthd shouldn't be checked.
5. Check payment methods in both invoice and credit memos.
6. Also check the Bank partner type in BSEG.
BR, D'nesh -
F.2A Interest on Overdue for credit notes
Dear Friends
how to calculate interest on credit notes to the customers, whether interest calculate on credit note and give credit to customer a/c or adjust the credit note amout to original invoice and calculate interest on net amount
for example.
i am facing a scenario a customer invoice Rs.1000/- and credit note of this invoice 200 net amount due Rs.800/- cusomer paid 800 on 45th days. interest on cleared items should charges for Rs.800/- but system calculate interest for Rs.1000/-
How to set config for credit notes whethere credit note adjust Rs.200 for invoice 1000/- or should give credit of interest for Rs.200/-
Please advice me how to do this
Thanks in advance
Regards
Santhanam KSunitha,
- Setup for Customer Interest calculation is based on parameters entered in customer master in Company Code data, Account Management tab under Interest Calculation section
- You have to run interest calculation and posting transactions for interest to be actually posted to customer accounts
Unfortunately, there is limited format change you can do on S_ALR_87012178. However,
- You can control what information is displayed in the report by selecting appropriate summation level from 0 (most information) to 6 (least information)
- The columns Itm Net Date refer to Document Line Item Number, and Net Date corresponding to the date when the Net payment is due. This report doesn't have capability to change column titles
HTH,
Manish Patel
Sr. SAP Solutions Consultant -
Credit Note to be adjusted against sales order value
Hi Experts,
The scenario is as follows:
a. Customer is having credit note(balance) in SAP CRM
b. In subsequent order the credit note value to be adjusted against the order value
c. Customer is advance payment only
d. The sales order value to be calculated after deducting the credit note for order for paymentHi Mukesh,
I think you want to adjust the value of the sales order based on the credit note issued to the customer or advance payment. The credit note will result in a AR posting and hence should not be used for adjusting the sale order value. That adjustment will happen in AR anyway.
The advance payment can be stored in a condition of the sales order and can be used for adjusting the sales order value basically to reduce the AR. You will have to manipulations in pricing to get the right AR, Revenue and Advance payment postings.
Let me know if you want more details as I am not 100% clear about your issue.
Thanks
Ashish -
No Depreciation adjustment after posting of credit note.
Hi SAP Guru's,
I have an issue regarding the posting of Credit notes in the current fiscal year for Assets capitalized in the previous year.
An invoice has been posted twice in the system with transaction F-90 in 2008. For this reason, two Assets has been created in the system and now we want to create a credit note for one in 2009.
What have I done in the system:
- I have changed the depreciation area's to allow all values for the Acquisition value.
- I have posted a write up for the depreciation that took place in 2008 with transaction type 721.
- And I have posted a credit note (F-90) with transaction type 160 in 2009.
What happened:
First the system generated the error message: AA660 "Transaction in area 01 contradicts the net book value rule"
I think this should not be the case, but I've have then allowed all value for the Net book value in all relevant area's and then the system allows the posting to take place.
The problem is now, that I have a negative Net Book value and this is because the depreciated value in 2009 are not corrected automatically. I would expect SAP to post (planned a next depr. run) with a debet posting (AW01N) which correct the depreciation in 2009 also. this would lead to a zero Net book value. Have I missed something & can you help me solve this issue?
Thank you in advance for your help. Kind regards,
ClydeHi,
You have capitalised two assets for the same invoice and would like to cancel the second asset---right?
Simple way of handling this issue is...
First scrap your second asset with transaction ABAVN in 2009 with posting date 01.04.2009. (according to FY start date)
By posting the retirement entry, system will post the NBV of that asset as on FY start date to LOSS account (P&L account)
The amount which is posted to the above loss account would be total of Acquisition value + Dep posted for FY 2008.
Then pass a manual JV to adjust the Acquisition value with vendor invoice, which was wrongly posted, and adjust the Dep posted in FY 2008 with depreciation P&L GL account.
And dep posted in 2009 will be automatically adjusted in the next dep posting run.
This will resolves the issue without doing any additional configs and credit memos.
Hope you got my point.
Thanks,
Srinu -
Reconcilation - Adjust Credit note with Invoice
Hi,
How to reconcile the Credit note or debit note raised through Journal Entry with A/R Invoice or A/P Invoice.We are using SAP B1 2005B PL41.
Thanx in advance.
Param.hiii
please refer thi link reconciliation in 2005
https://websmp208.sap-ag.de/~form/sapnet?_FRAME=CONTAINER&_OBJECT=011000358700000789632007E
i would suggest you to upgrade your version, as reconciliation is very easy in higher versions
please refer sap note no 1051038.
Thanks
Rizz
Edited by: Mohammed Riyaz on Apr 24, 2009 4:01 PM -
Credit Note in SAP Business One
Hi All,
We want to reimburse some of the customer promotional expenditure ( e.g. trade scheme operated in the market, distribution expenditure undertaken, display given etc ) in form of credit or we want make credit entry for the same reason to the customer which should be adjusted with subsequent sales in future.
But we could not find above facility in SAP Business One.
You are aware that the credit note issuing is a regular process adopted by all companies and is quite common in FMCG business. We want that each and every single credit note has to be documented in the system and reconciled against each party's claims .
Please help us with a proper solution for the process of system generated Credit Note as that will help us a lot.
Regards
ArindamHi Arindam,
To access the credit note module window from the SAP Business One Main Menu, choose Sales u2013 A/R A/R Credit Memo. Also make sure that you have the credit note option selected in the main menu form settings. Also please check that you have the right permissions and license assigned to the user performing this function.
For legal reasons, you cannot change or delete a delivery or invoice that you enter in SAP Business One. However, the customer might send the goods back for various reasons, or you may have made a mistake when you entered the documents.
If a sales transaction for which you record an accounting and an inventory posting has been completely or partially reversed, you must enter a corresponding sales document to clear it. This document reverses the changes in terms of stock quantities and monetary values.
The credit memo is the clearing document for the invoice and for the returns. If the goods were delivered to the customer and an invoice has already been created, you can partially or completely reverse the transaction by creating a credit memo. With the credit memo y
ou correct both the quantities and the monetary values. The system increases the stock of the credited items by the amount specified in the credit memo. The credit memo credits the value in the customer account in the Accounting system and amends the revenue account by the same amount. The system corrects the tax amounts automatically.
SAP Business One enables you to create an A/R credit memo with a zero amount. You can do this when you clear A/R invoices for items delivered without a charge, for example, for items that are part of a promotion or covered by a service contract.
Hope this helps.
Kind regards,
Matt -
Credit Note without Delivery Doc.
Hi all,
I can't find the way to avoid posting the Quantity in COPA when the document generated in SD is not related to a Goods Movement. Sometimes, the client I am working for at the moment, has to post some adjustments (credit/debit) with no delivery document (since the goods have already been delivered) and this is only posted to Sales Revenue (debit/credit). We could get rid of the Cost Determination in COPA from SD but now we are struggling with the Qty.
They don't want to see any Qty. adjusting the credit/debit since during month-end, when they are reconciling the difference in Qty. between COPA and Stock the "1s" posted to these credits and debits are the difference in their reconciliation.
Does anyone has any idea on how we can get rid of the Qty. in COPA when posting this kind of SD documents?
Thanks and Regards,
Fb.flower82,
Make sure the credit note are different type to the normal ones because the exception configuration, Tcode KE4W, is differenciated by type. And enter the type, respective value fields (the quantity field in your case) and tick the "Reset" indicator.
Wish above helps -
hi Gurus,
I having this issue for the client. They have actually recieved a credit memo from the vendor but after the IR has already been done. They are actually trying to return the quantity for which the credit memo wa give. I mean that the price was 1500 for 1 piece btu the vendor has not given the credit note for 200 now what he client i tryin to do is to do goods return or the partial quantity against the credit not for example 0.113 piece but the system is giving error"Deficit of PU IR quantity 0.113 piece".
Can any one suggest me a way to settle this issue. I was thinking of doing a material document reversal and then reprocessing it or may be a subsequent adjustment against the PO.
Can anyone suggest?
Thanks in advance
AnoopDear Anoop
What I understand from your explanation is, MIRO is already done. Later a credit memo has been raised by the client for a quantity 200, but vendor credit note quantity does not match the SAP credit memo quantity.
Now you are trying to return the credit memo(or part of the quantity),
You should check, what is the stock availability of the material in system, if stock exists, then I suggest please cancel the credit memo done already against the vendor (MR8M). Now try to do new credit memo for a quantity for which u have agreed with the vendor.Your Invoice remains open for this quantity.
Now you have to decide how to handle the open Invoice, and if you want to return the quantity back to vendor then you have to go back to MIGO again and do the return process, this in_turn will make the PO open. You have to again start the process.
Unless you have stock in inventory the process can not be completed.
Regs
Sam -
Settlement Discount on Credit note
Hi All,
I have a client running 2005A SP01 PL 20 and no settlement discount is being calculated on credit notes when they select them as part of an incoming payment. The payment term with a cash discount is linked to the credit, but the discount value and discount percentages are both blocked on the incoming payment. Is this standard system behaviour?
How do we then treat the following scenario:
Invoice $100
Credit note $100 (not linked to invoice)
Incoming payment:
Invoice $100 les 2.5% settlement disount = $97.5
Credit note $100 less no settlement disoucnt = $100
this will calculate that we owe the customer $2.5 which is incorrect.
Please help.Hi Riana,
It is not system behavior but because your client's no link credit notes. Since they have not linked the credit notes to the invoice, system will never know how to adjust it. They have to use manual JE to adjust any discrepancies.
Thanks,
Gordon -
Raising a credit note when customer makes a prompt payment
Hi everyone
Does anyone know how you can raise a credit note automatically when a customer makes a payment with discount?
The discount is for prompt payment, i.e. 3% discount if you pay within 30days of the invoice.
The invoice will be issued for the full amount assuming no prompt payment is made. However, if the customer pays within the 30 days then a credit note is required to adjust the amount of sales and also tax.
In most EU countries a credit note is required to demonstrate to the tax authorities the VAT adjustment and I am aware SAP can automatically adjust the amount wihtout a credit note. However, this is legally required.
Any experience of this would be much appreciated.
Thanks in advance.
JohnCredit Note through SD route will follow the sales cycle of Sales Order --> Billing & an ideal to use. It can be quantity related or not, I'll explain how? Have a separate Pricing Procedure linked to say ZDR - Debit Memo & ZCR - Credit Memo, where the pricing control is manual. Have a dummy material. With all necessary configuration available, you will be able to make credit memo for dummy material with quantity as 1 & maintain price & other condition manually.
Regards,
Rajesh Banka
Reward suitable points.
How to give points: Mark your thread as a question while creating it. In the answers you get, you can assign the points by clicking on the stars to the left. You also get a point yourself for rewarding (one per thread). -
Raising a credit note for a VAT credit.?
Clients wants to raise a credit note for VAT credit.
Unable to credit negative amount . i.e. cannot enter negative amount in credit note.
Trying to adjust VAT.
Also they d o not want separate process. i.e. they raise a credit note and invoice.
What is the best way rud this ?
Edited by: Darpal Thiarha on May 20, 2008 7:47 PM
Edited by: Philip Eller on Jun 3, 2008 8:53 AM
Edited by: Philip Eller on Jun 17, 2008 9:18 AM*hi darpal,
Tick mark "Allow negative tax amount in rows" in
document settings and then have a try.
Jeyakanthan -
Hi,
I am creating a report to monitor the volume of credit notes raised/issued and the areas these credit notes refer to so we can identify why we have so many credits and the reasons behind the credits.
The report needs to show the following:
Customer
Material
Invoice Qty (Original)
Invoice Value (Original)
Credit Qty
Credit Value
Diff (Invoice Value u2013 Credit Value)
I have tried to build this query in the billing cube however, not picking up the original invoice value / qty.
Could you advice on how best to proceed with this requirement.
Thanks in advance,
MilindHi.
Could you provide the technical name of the billing cube you are referring to?
Depending on how credit notes are handled in the source system, you should be able to identify them in BW. Maybe not in your existing cube, but in the FI flow:
Check if you are loading GL line items with datasource 0FI_GL_4. Here you should find 0AC_DOC_TYP, which gets values from the document type used in R/3 (BLART-BKPF). The list of possible values is rather long, but as you will see from the descriptions used, only some would make sense to use for credit memos. See list below.
Check for some of the credit notes which value(s) is used, in the ODS 0FIGL_o02 or ask line of business how they book credit notes. I would check the actual postings anyway, just to make sure
Based on the flow to your cube for the AC_DOC_TYP field, you can identify the credit notes and start building the logic you want.
Regards,
Jacob
AA Asset Posting
AB Accounting Document
AF Depreciation Pstngs
AN Net Asset Posting
CH Contract Settlement
DA Customer Document
DG Customer Credit Memo
DR Customer Invoice
DZ Customer Payment
EU Euro Rounding Diff.
EX External Number
KA Vendor Document
KG Vendor Credit Memo
KN Net Vendors
KP Account Maintenance
KR Vendor Invoice
KZ Vendor Payment
ML ML Settlement
PR Price Change
RA Sub.Cred.Memo Stlmt
RB Reserve for Bad Debt
RE Invoice - Gross
RN Invoice - Net
RV Billing Doc.Transfer
SA G/L Account Document
SB G/L Account Posting
SK Cash Document
SU Adjustment Document
UE Data Transfer
WA Goods Issue
WE Goods Receipt
WI Inventory Document
WL Goods Issue/Delivery
WN Net Goods Receipt
ZP Payment Posting
ZR Bank Reconciliation
ZS Payment by Check
ZV Payment Clearing -
COPA: Credit Note and Debit Nore Quantity should not flow to COPA
Hello Everyone,
As per the client requirement we don't want quantity should flow to COPA report for raising debit note/Credit note ( DR/ CR note is raised by SD Cycle). We are raising debit or Credit note for the price difference but not the quantity difference. Please do let me know is there any way to stop flow of Quantity value to COPA report by raising Debit or Credit note.
Thanks,
snehaHi Sneha
1. Go to KE4W...
2. Assign your Billing Type for Dr Note and ABMSG Qty field and check RESET
3. Similarly, assign bill type for Cr Memo and ABSMG Qty Field and check RESET
4. Not only for Qty, you need to do this for COGS value fields also... During Dr and Cr memo, the COGS is also adjusted by the system along with Qty....
So, Mention your COGS value fields also in KE4W and check RESET
Regards
Ajay M -
Copy control from Credit Note to Credit Memo Request
Dear gurus,
After I set the copy control parameters in my billing doc, source - credit memo request & Target - Credit memo,
I could not find my condition types to be copied from my credit memo request.
I have infact set the pricing type to D - Copy pricing elements unchanged.
Can you let me know if I had missed anything?
Also, to clarify on this credit concept. Say that we sent 2 pieces of a product worth $100 each & if it happened that the customer returned 1 piece , we can create a credit memo request via VA01 for the part that customer returns & if the pricing condition is $100, we create a condition value $100 back to the customer.
So further create a credit note where this $100 is copied from Credit Memo request order type.
This is the concept of credit correct me if i am wrong
regds,
aHi Pri,
Give me your mail ID I can send you some screen shot of the Copy control set from Credit memo request to credit memo.
To clarify on Credit.
In the first instaance we have supplied 2 items to customer and Billed them. Now he has returned one material to account for this returned material you can create a returns order and complete the cycle and then create a credit memo for the returned material.
ELSE
You only want to adjust for billing. Then when we have already billed customer for 2 items and out of which 1 item is returned and hence we have to give him credit memo for 1 item i.e $100 in your case.
The condition value in Credit Memo Request (G2) would be taken from standard conition type PR00 only.
FIRST Create a credit Memo Request (G2) in VA01
CMR is set with a billing block
Go to VA02 and remove the block
Create a Credit memo Using VF01 using Billing Type G2. The system will copy the data from CMR to Credit memo once you set the Copy control in VTFA
REWARD IF IT HELPS
Regards
Srini
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