Credit Note / Debit Note in B-One

Dear All,
I would like to know the process for creation of Credit / Debit Notes under financial module of B-One. Here i do not found any option to create those. but the the transactions are defaults when you use financial accounting.
Means without creating an invoice or payment to the BP / Vendor, the payables or receivables adjusted within books of accounts, not through an JV / JE.
Pl do let me know the options available in the B-One system.
Thanks / Regards,
Vijayakumar V

Hi
in B1 credit and debit notes come under Sale and puchase module A credit note is usually issued when the invoicing has been done and goods have to be returned back thus creating a credit note it creates a reveral of entried in terms of accounting and the vendor wose account was debitted in case of sale gets credited by equal amount and vice versa
Regards,
Manish Malik

Similar Messages

  • Genrateing Credit and Debit Note in SAP Business One

    i want to know that is there any provison for issuing credit and debit note in SAP B1.
    when a idelivery is damaged during the transportaion or Shipping.in dat case we issue a credit note and dis credit not is not added at the time of final billing.
    can any one tell me is there any solution in SAP B1 for this kind of scenario.

    Thanks to all of you for giving your valuable time and supporting...
    Actually we are in Printing industry and  most of the time our delivery got damage in courier.in that case we have to re issue the delivery once again to the customer.i want to  issue a document from sap b1 so that i can keep a record of that kind of delivery.
                   ==========================Deliver or Invoiced Item==============================
                               Sr.No        Item Name        Rate       Qty.   Total Amount
                                 1             Print 004         45.00         5         180.00
                    ==========================================================================
    but here problem starts if i again issue a delivery for that customer its billed twice for the same delivery.i want to do following things is it the good for B1 system of its a wrong way in practice...
    1 ) make sales return / A/R Credit memo and make a new delivery or Invoice for that case
    2 ) or make a deliver or invoice with negative amount or zero amount.
                       ======================================================
                          Sr.No        Item Name        Rate       Qty.   Total Amount
                             1             Print 004          0.00         5          0.00
                      =========================================================
    I need Your Suggestion.........
    Thanks once Again
    Edited by: itskumaramit on Mar 24, 2010 6:14 AM

  • F110 - credit note - No pymt possible because items with with a debit balance

    Hi All,
    we have credit note & invoice for same vendor. When doing payment run, below error message is coming.
    No pymt possible because items with with a debit balance.
    when we click on Reallocate & give payment method & house bank, below error mesage come:-
    Enter a payment method for incoming payments
    Message no. FZ010
    Diagnosis
    The balance of the items to be paid requires a payment method for incoming payments. You specified a payment method that is defined for outgoing payments.
    System Response
    The payment method is rejected.
    Procedure
    Enter a payment method for incoming payments.
    Please advise.
    Regards
    Deepak

    Hi Garg,
    In this case, one of the option  is that you can do the partial clearing or residual clearing, lets say Residual clearing, in this case system will clear the original items and open new item 700 as payable.
    You can clear credit memo 1800 against two invoices 1500 and 1000, out of 1000 you need take  300 and for clearing  (1000-300=-700) and -700 will be your payable amount, go to F-44.
    Amount 700 will be new payable amount:
    F110:
    Regards
    Javed

  • Debit & credit note for vendors

    Hi,
    Please tell me how to post debit and credit note for vendors( T-code) and how to take a voucher print of debit note, Because we are not able to find  the particular  correspondence for debit note in OB78.Please assist.
    Regards,
    D

    Hi,
    Please any one help me where should I write the narration for cash journal scrren(FBCJ).If I write it in the addit text but it is not comming in the printing vouchar,
    Regards,
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  • Debit/credit not showing correctly

    Dear All,
    I am making a report in which i have to show debit and credit of Actual General Ledger. I am using table FAGLFLEXA-TSL for showing debit and credit . Here I have to put debit in one column and credit in another column. So I wrote the code -
    SELECT belnr bukrs gjahr budat INTO CORRESPONDING FIELDS OF TABLE it_bkpf FROM bkpf
        WHERE belnr = doc_no
        and   bukrs = com_code
        AND   gjahr = year.
      SELECT docnr racct tsl drcrk bschl INTO CORRESPONDING FIELDS OF TABLE it_faglflexa FROM faglflexa  
        FOR ALL ENTRIES IN it_bkpf
        WHERE docnr = it_bkpf-belnr.
    LOOP AT it_faglflexa INTO wa_faglflexa.
        READ TABLE it_bsak INTO wa_bsak WITH KEY BELNR = wa_faglflexa-docnr.
        READ TABLE it_ska1 INTO wa_ska1 WITH KEY saknr = wa_faglflexa-racct.
    *    wa_final-dmbtr = wa_bseg-dmbtr.
          IF  wa_faglflexa-bschl = '50' AND wa_faglflexa-drcrk = 'H'. " For Debit  wa_faglflexa-drcrk = 'H' AND
          wa_final-debit = wa_faglflexa-tsl.
          endif.
          IF   wa_faglflexa-bschl = '25' AND wa_faglflexa-drcrk = 'S'.  " For Credit wa_faglflexa-drcrk = 'S' AND
          wa_final-credit = wa_faglflexa-tsl.
          ENDIF.
        wa_final-lifnr = wa_bsak-lifnr.
        wa_final-racct = wa_faglflexa-racct.
        wa_final-txt50 = wa_ska1-txt50.
        APPEND wa_final to it_final.
      ENDLOOP.
    But debit and credit not coming correctly.  Please help me to solve the issue.
    Thanks,
    With regards,
    Tripod.

    Hi I don't know why you have not clear wa_final after appending to it_final, so I did bolow change, please check.
    Here while looping  it_faglflexa, all the time it_final gets appended.
    If you won't clear wa_final then entries of previouse entry may get mixed up.
    Please try below code.
    SELECT belnr bukrs gjahr budat INTO CORRESPONDING FIELDS OF TABLE it_bkpf FROM bkpf
        WHERE belnr = doc_no
        and   bukrs = com_code
        AND   gjahr = year.
      SELECT docnr racct tsl drcrk bschl INTO CORRESPONDING FIELDS OF TABLE it_faglflexa FROM faglflexa  
        FOR ALL ENTRIES IN it_bkpf
        WHERE docnr = it_bkpf-belnr.
    LOOP AT it_faglflexa INTO wa_faglflexa.
        READ TABLE it_bsak INTO wa_bsak WITH KEY BELNR = wa_faglflexa-docnr.
        READ TABLE it_ska1 INTO wa_ska1 WITH KEY saknr = wa_faglflexa-racct.
    *    wa_final-dmbtr = wa_bseg-dmbtr.
          IF  wa_faglflexa-bschl = '50' AND wa_faglflexa-drcrk = 'H'. " For Debit  wa_faglflexa-drcrk = 'H' AND
          wa_final-debit = wa_faglflexa-tsl.
          endif.
          IF   wa_faglflexa-bschl = '25' AND wa_faglflexa-drcrk = 'S'.  " For Credit wa_faglflexa-drcrk = 'S' AND
          wa_final-credit = wa_faglflexa-tsl.
          ENDIF.
        wa_final-lifnr = wa_bsak-lifnr.
        wa_final-racct = wa_faglflexa-racct.
        wa_final-txt50 = wa_ska1-txt50.
        APPEND wa_final to it_final.
       clear wa_final. " added
      ENDLOOP.

  • HT5552 are debit cards not accepted as one of the payment methods?

    are debit cards not accepted as one of the payment methods?

    This is a user to user forum, so why, we couldn't answer.
    I found the following for you:
    The Mac App Store, App Store and iBookstore services (the "Stores") accept credit cards issued by banks in India or Content Codes as forms of payment. iTunes may obtain preapproval for an amount up to the amount of the order. Billing occurs at the time of or shortly after your transaction. If you are using 1-Click purchasing, your order may be authorized and billed in increments during one purchasing session, so it may appear as multiple orders on your statement. When making purchases, content credits are used first; your credit card is then charged for any remaining balance.
    This is a long link, but if you read throught it, you'll find more information: http://www.apple.com/legal/itunes/appstore/in/terms.html
    Otherwise, you should contact Apple Direction for an answer.

  • Credit notes and debit notes

    What is the difference between credit notes and debit notes???

    Hi Friend,
    1. A transaction that reduces Amounts Receivable from a customer is a credit memo. For eg. The customer could return damaged goods.  A debit memo is a transaction that reduces Amounts Payable  to a vendor because, you send damaged goods back to your vendor.
    2. Credit memo request is a sales document used in complaints processing to request a credit memo for a customer. If the price calculated for the customer is too high, for example, because the wrong scale prices were used or a discount was forgotten, you can create a credit memo request. The credit memo request is blocked for further processing so that it can be checked. If the request is approved, you can remove the block. The system uses the credit memo request to create a credit memo.
    You can use credit memos in Sales and Distribution (SD) for assigning credit memo requests to the open invoices and in Financial Accounting (FI) for assigning  credit memos and payments to the open invoices and carry out clearing with them.  If you use both Financial Accounting (FI) and Sales and Distribution (SD),  there is a 1:1 relationship between the credit memo request and the credit memo item posted in Financial Accounting (FI). As soon as you bill the credit memo request together with other sales orders, or distribute the items of one credit memo request to several billing documents, the assignment is no longer valid and the system will not process it.
    For  credit memos, credit memo requests, and payments, you have the following assignment options:
    - Assignment to a single invoice
    - Assignment of a partial amount to an invoice
    - Assignment to several invoices
    When you post  credit memos, the payment programme processes them automatically. If the credit memo is specifically related to a particular open invoice item, the payment program automatically attempts to offset the credit memo against the open item. If it is not possible to completely offset the credit memo against an invoice, you can post a debit memo to the vendor, who is to reimburse the amount.  Then you can apply a multilevel dunning program. 
    3.  Debit memo request is a sales document used in complaints processing to request a debit memo for a customer. If the prices calculated for the customer were too low, for example, calculated with the wrong scaled prices, you can create a debit memo request. The debit memo request can be blocked so that it can be checked. When it has been approved, you can remove the block. It is  like a standard order. The system uses the debit memo request to create a debit memo.
    4.  As mentioned above, creating a credit or debit memo request enables you to create credit or debit memos based on a complaint. For this first create a sales document with the order type for a credit or debit memo  request. You can create the debit  or credit memo requests in the following ways: 
    – Without reference to an order
    – With reference to an existing order
    Here you enter which order the complaint refers to.
    – With reference to an invoice
    Here you enter which invoice the complaint refers to.
    In all cases, you specify the value or quantity that should be in the credit or debit memo
    5. You can block the credit or debit memo  request from being billed in Customizing. Go to Sales -> Sales Documents -> Sales document header -> Define sales document type and select the billing block field in the billing section.  This request can later be reviewed along with similar ones, - if necessary, by another department. The request for a credit or debit memo  can then be approved or rejected.

  • How do I remove my credit card from my account and still download free apps. Bc that card is no more good anymore the App Store will not let me download any apps . I no longer have a credit or debit card.so PLS help

    How do I remove my credit card from my account and still download free apps? because that card is no more good anymore the App Store will not let me download any apps . I no longer have a credit or debit card.so PLS help

    On your iPad tap on your id in Settings > iTunes & App Store and tap on 'View Apple ID' on the popup and log into your account  - that should give you a payments link on your account's page. Or on your computer's iTunes you should be able to edit your payment info by going into the Store > View Account menu option and logging into your account, and on your account's details page there should also be a payment link.
    Changing payment info : Change or remove your payment information from your iTunes Store account (Apple ID)
    If you don't get the 'none' option on the payment details screen : Why can’t I select None when I edit my Apple ID payment information?

  • HT2534 How can I use "Family Sharing" without giving details of my credit or debit card? I do not want to give my cards data, I have always used iTunes prepaid cards.

    How can I use "Family Sharing" without giving details of my credit or debit card? I do not want to give my cards data, I have always used iTunes prepaid cards.

    Hi Saramos,
    When setting up Family Sharing you must have a credit or debit card as your payment method. See this article for reference -
    Family purchases and payments
    When a family member makes a purchase it will be billed to any gift or store credit that they have first. If none exists it will be billed to you.
    As the family organizer, you may not set your billing method for purchases to anything other than a credit or debit card. If you have a store credit such as from pre-paid cards, it may not be shared with other family members. See this article for reference -
    How iTunes Store purchases are billed
    Thanks for using Apple Support Communities.
    Best,
    Brett L 

  • How can I use "Family Sharing" without giving details of my credit or debit card? I do not want to give my cards data, I have always used iTunes prepaid cards.

    How can I use "Family Sharing" without giving details of my credit or debit card? I do not want to give my cards data, I have always used iTunes prepaid cards.

    Hi Saramos,
    When setting up Family Sharing you must have a credit or debit card as your payment method. See this article for reference -
    Family purchases and payments
    When a family member makes a purchase it will be billed to any gift or store credit that they have first. If none exists it will be billed to you.
    As the family organizer, you may not set your billing method for purchases to anything other than a credit or debit card. If you have a store credit such as from pre-paid cards, it may not be shared with other family members. See this article for reference -
    How iTunes Store purchases are billed
    Thanks for using Apple Support Communities.
    Best,
    Brett L 

  • 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
    Arindam

    Hi 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

  • Debit and credit note - integration between mm & sd with fi

    Hi,
    How does the information flow from MM & SD to FI in the process of raising a DEBIT and CREDIT NOTES' respectively?
    (I'm aware of the fact that we need to define the document types "KG" and "DG" and raise the aforementioned by using F-41 & F-27).
    However, my doubts are:
    1. At what point do we need an FI-MM and FI-SD integration in raising the debit and credit notes'.
    2. What is the role of an MM and SD end user along with FI end user in raising the DEBIT AND CREDIT notes, i.e., how do we deal with the inventory in MM in the process of PURCHASE RETURNS and the goods and value of goods sold as far as SALES RETURNS IS concerned, i.e., once purchase returns and sales returns are booked in the relevant deparments, at what point does an accounts executive or FI end user come into picture to raise the aforementioned.
    Regards
    Sandhya

    Hi,
    How does the information flow from MM & SD to FI in the process of raising a DEBIT and CREDIT NOTES' respectively?
    (I'm aware of the fact that we need to define the document types "KG" and "DG" and raise the aforementioned by using F-41 & F-27).
    However, my doubts are:
    1. At what point do we need an FI-MM and FI-SD integration in raising the debit and credit notes'.
    2. What is the role of an MM and SD end user along with FI end user in raising the DEBIT AND CREDIT notes, i.e., how do we deal with the inventory in MM in the process of PURCHASE RETURNS and the goods and value of goods sold as far as SALES RETURNS IS concerned, i.e., once purchase returns and sales returns are booked in the relevant deparments, at what point does an accounts executive or FI end user come into picture to raise the aforementioned.
    Regards
    Sandhya

  • Debit Note & Credit Note

    Hi Guru's,
    what exactly diff between debit note and credit note? in SAP, is there any configuration? pl advice me with examples....
    scenario-1: If A purchased raw material for 5000/-. user returned some raw material worth of 1000/-. in this case who will raise the note(means debit/credit) and what is the entry in SAP?
    scenario-2: If B sells finished goods for 10000/-. user returned some goods worth of 2000/-. in this case who will raise the note(means debit/credit) and what is the entry in SAP?
    sure i will assign points...
    adv thanks

    Hi Anita,
    Debit Note: Ex: commission on sales to customer, Purchase returns etc.,
    Credit Note: Ex: Sales returns, additional discounts etc.,
    1) A raises Debit note on user?? for Rs.1000/-
    2) B raises Credit note on user?? for Rs.2000/-
    if useful to you assign points
    Vijay

  • Debit and Credit notes not to update COPA cost of sales when doing price ad

    Hi Experts,
    Please help me to fix the below issue.
    When we correct price adjustments on customer accounts we use debit and credit notes to do these price corrections. We first process a ZCR order type with reference to the original invoice to reverse the transaction and then we process a debit meme request ZDR with the correct details to invoice the customer correctly.
    These credit and Debit memo request are purley for pricing problems and do not effect cost of sales. Currently these Debit and credit memos are updating the cost of Sales value field (COS on Market Price - VV013) .
    This creates a problem since the credit and debit memo happen in subsequent months e.g. The credit memo is reversed at the old cost of sales value since SAP keeps a reference to the cost of sales at that time but the debit memo creates the cost sales at the new standard cost which is obviously not the same as the original cost of sales. We therefore sit with differences which will not equal FI since FI cost of sales was updated with the goods issue price in the month that the goods issue happened.
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    Gross Weight in KG VV004
    Invoiced Qty KG net VV002
    Invoiced Qty in L VV001
    Invoiced Qty in L15 VV003
    Invoiced Quantity VV005
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    Please help me how to fix the issue.
    Regards,
    Amar.

    Hi,
    Sorry, I probably confused things by mentioning Revenue. Your settings are correct, with Revenue defined as a revenue element (11) rather than a cost element (1).
    With respect to WIP (P&L), I would create it as a cost element, since it represents the absorption of cost centre costs and materials into the production of goods, even though the goods are not yet complete. When the goods are completed they will be credited in CO-OM and debited to stock using a similar entry. The impact of these credits (to WIP or to Stock) is to move costs out of CO-OM into the goods produced (CoGS). In CO-OM, the net result of Costs less credits to WIP/Stock, indicates the efficiency of your cost centres or the accuracy of your standards.
    I would also create the manufacturing variance accounts as Cost Elements and settle them back to your production costs centres (or possibly CO-PA if you used it), since they are also a reflection of the efficiency of your cost centres - i.e. if a Cost Centre manager is not achieving the standards, (s)he should be accountable for the variance, and if you are concerned about reconciling CO-OM and the costs in P&L, you won't reconcile if the variances aren't posted back to CO.
    Regards,
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  • Debit Note/Credit Note Issue help!

    Dear all Gurus,
    I am a bit confused with the last few steps of the return to vendor process.
    Here is the process.
    1) Return PO is created.
    2) Delivery Order created
    3) PGI
    4) Enter Credit Memo at MIRO
    Is the above process above correct?
    For the last step, if vendor requires debit note printout in order to send us the credit note(credit memo).
    - How can i setup the printing of such printout?
    - Which message type should I be using?
    - What is the process in this case then?
    Thanks.
    Regards,
    Zhulk

    hi!
    You have to go for message determination process for the suitable document type ( for ex.RE ) of LIV. Check it out in OLMR > Message determination process. Maintain condition records in MRM1.
    Reward if useful.
    Yuvi.

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