During credit memo processing system is picking inventory account

Hi Experts,
     When we do credit memo, wrong posting are coming i.e. vendor a/c is debit and inventory account is credited why inventory account is coming instead of gr/ir account. Stock is available. Please find the attachment of credit memo entries
Regards
Badri

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Similar Messages

  • Update Billing Document During Credit Memo Creation

    Hi,
    I need to update the billing document during credit memo creation in VA01. Is it possible to achieve this requirement since the billing document is in use during the runtime?
    Thanks & Regards,
    Mawi

    Hi Mawi,
          When you are trying to change billing document use CALL FUNCTION 'DEQUEUE_ALL'. It will unlock that billing number and you can change that billing document.
    Thanx & Regards
    Rami Reddy

  • ERROR MESSAGE M8 534 during MR8M, Cancel CREDIT MEMO PROCESSING

    Dear Experts,
    Kindly explain me what is the actual meaning for the message "Balance not Zero: 4,487.00 -  debits : 54,487.00  Credits : 50,000.00"
    The above message has been received during cancel Credit memo document through MR8M.
    Kindly help me out to proceed further..Thanks in advance..
    Regards,
    Kumar

    Hello Kumar,
    This problem usually occurs due to differences in tax amount
    The source document was posted in a previous period.After this, the tax rate was changed (this is allowed in countries with tax jurisdiction  code).The reversal document should be posted in the current period.When canceling the source document, the tax is calculated on account of the entered posting date and differs from the original tax amount.           
    If the posting period of the source document is opened:      
    -   Post the reversal document with posting date of the source document.                                                                               
    If the posting period of the source document is closed:              
    -  Open this posting period and post the reversal document with the posting  date of the source document.  If you do no   longer   want to open the previous period, you can only post   a credit memo in this case.However, a different tax amount is calculated here if, as described above, the tax rates have been changed in the  meantime. 
    Hope this can help
    Regards,
    Mauro

  • Credit Memo Processing

    Hello!
    I will start out by apologizing up front if I waste anyone's time with this inquiry!
    This is more of a how should we be doing it out of the box issue.
    First a little background - we are a gold company that has been using Oracle applications since 1991.Currently we use Payables, Inventory, Purchasing, GL, HR/Payroll, EAM, FA, iExpense, iProcurement and probably a few others I have forgotten.
    Currently when we pay an invoice in accounts payables and then an item is returned to a vendor from our warehouse, Ap gets a credit invoice back from that vendor providing credit info. They go ahead and adjust the invoice on the Ap side, then send an email to purchasing and to the receivers in our warehouse handling the inventory. The receivers in the warehouse un-receive the item and the buyers go in and adjust their line items on that PO.
    This is very cumbersome and our warehouse supervisors' feeling is that this process puts unnecessary burden on our receivers.
    I am curious how others handle credit memos - I also have logged an SR with Oracle support to see if I can get a "this is how its suppose to work" synopsis to see if we are even processing credit memos correctly and if so what modules you need to make it all work - even if its to point me to good white paper or document on it.
    I also would like to know if anyone has automated this. We are currently working in 11.5.10 but are upgrading to 12 within 2 years so I am curious to find out if r12 resolves anything for us.
    Any info is greatly appreciated
    Regards
    Danny L Sullivan
    Senior Systems Analyst
    Barrick Gold of North America
    Nevada Shared Business Center
    775-748-1105

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  • Credit Memo process in 3rd party order

    Hello All,
    Once 3rd party invoice is completed process as follows: (standard process)
    sale order --> Purchase Requisition --> Purchase Order --> Goods Receipt --> Invoice Verification --> Customer Invoice.
    When you post the customer invoice to accounting, in general system will update
    1.Net Value    2. COGS (Cost of goods sold)   3. Sales Qty.
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    How can we map this scenario ? while creating credit memo invoice we should consider some reference so that COGS should be updated.

    Hello Suresh,
    THERE ARE TWO SCENARIOS HERE.
    Scenario is when the vendor cancel his original invoice and reissue the invoice (due to change in price / change in stock item and so on..),We have to cancel the customer invoice and issue credit memo invoice (without any reference) for the customer.
    > IF THE VENDOR GRANTS YOU A CREDIT MEMO ON THE QUANTITY OR VALUE BASIS, YOU CAN DIRECTLY PASS ON THIS TO CUSTOMER BY RAISING CREDIT MEMO (THIRD PARTY CREDIT MEMO IS G2S), THIS WORKS WITH ITEM CATEGORY 'TASG' (THIRD PARTY CREDIT MEMO ITEM). THE SALES RELEVANT INDICATOR ' F' IS SET IN CUSTOMISING FOR SALES FOR THIS ITEM CATEGORY. THIS MEANS THAT THE COST IS NOT CREATED.
    --->IF THE VENDOR CALCULATES ADDITIONAL COSTS FOR YOU ONCE THE THIRD PARTY BUSINESS TRANSACTIONS HAVE ALREADY BEEN BILLED. THE COSTS FROM THE INVOICE RECEIPT ARE THEN CORRECTED IN THE CUSTOMER BILLING DOCUMENT WHICH HAVE ALREADY BEEN CREATED. SUBSEQUENT DEBITS FROM THE INVOICE RECEIPTS ARE COPIED TO PROFITABILITY ANALYSIS AS A DIFFERENCE AMOUNT. THIS MEANS THAT THE COST IS UPDATED HERE ALSO. IN ACCRUED PROFITABILITY ANALYSIS, THE COSTS ARE NOT COPIED FROM THE INVOICE RECEIPT, BUT FROM THE CUSTOMER BILLING DOCUMENT.
    EXAMPLE:In the context of a third-party business transaction, you create a sales order for over 100 pieces.
    A purchase requisition and a purchase order are generated. Ten pieces are delivered to the customer, and a billing document is then sent to the customer when the 10 pieces are delivered. The vendor sets a subsequent debit of 100 USD for shipping costs in the invoice. The cost is nowupdated in the billing document created, and in the profitability analysis (in this case, it is raised
    by 100 USD).

  • Basic Idoc type  used for Credit memo  processing

    Hi ,
    I am  working  to  automate the processing of Credit Memos ,Subsequent  debits and credits  .Can any body suggest me for the Idoc type used for posting of credit memos, which  will do the same function of transaction 'MIRO'  .Please  help  me for the above  .
    Please send the reply  on [email protected]
    Regards ,
    Shilpa

    Hi,
    You can use invoic message type with invoic01/invoic02 type of IDoc whichever is suitable for your requirement.
    Thanks.
    Mark points if helpful.

  • Credit Memo Processing- FB75 and F-30 or F-26

    Hello Folks-
    I need some help.  When I execute FB75 against a sales tax code, I have no problem and it posts the document.  When I execute F-30 or F-26 and try to hit the same code using a 40 posting key, it is requiring a tax code and tax jurisdiction which I have but it is requiring "enter base amount or let the system calculate it".  When I try to manipulate it by entering the amount in the base amount field I get the following error message"Tax Code 01 may only contain one assignment."
    What am I doing wrong here?  Why can't I use the same tax code and jurisdiction in another transaction code?  In addition, is this the best t-code to use when handling credit memo's.  I had heard there is a t-code out there that requires the user to input an invoice number to clear against but I haven't found it.
    Any help would be appreciated.  I will award points!
    Thanks!

    Hi Michael,
    I am no finance expert, for a start and i dont want to repeat again and again the idea of creating transaction variants (i see in quite a few threads that the experts seem to have a penchant for this and personally it is my least preferred option
    Anyway, coming to the discussion - i would prefer having more granular transactions as Julius mentioned
    Go to SE38, enter the program name SAPMF05A (this is what is called when FB05 is used) then click on the where used list (CtrlShiftF3), de-select all options and select the option for transactions, you will get a list of transactions that use the program and it lists the granular transactions for FB05 (ex: FB60 for Incoming Invoices)
    I would like to think, that we can restrcit the access to different "Buttons" based on a few basic principles (it is only a idea, i didnt try it) The different radio buttons signify different activities Accounts payable & Accounts receivable, so it should be for customers and Vendors - make a restriction on the account types (F_BKPF_KOA) in the role that has FB05, you can also make restriction on what kind of documents are processsed based on the document types (F_BKPF_BLA) used in FB05 - that could be a option, Ideally the customer invoices would be a different document type than the vendor invoices, isnt it?
    There is no harm in giving it a try - so go ahead and try in the Development system. see how it goes..............
    Good luck and dont shoot me if it doesnt work (or) if you already tried all these options

  • Credit Memo Process Issue

    Hi,
    1) SAP allows credit memo to be created with reference to credit memo request and with reference to an invoice. In what what scenarios we should give option of creating credit memo with reference to invoice and in what scenario we should give option of creating credit memo with reference to credit memo request?
    2)  Whlie creating a credit memo request with reference to an invoice is there a way to restrict that the value or quantity of credit memo request should not exceed the value and quanity of referenced invoice
    3) Whlie creating a credit memo directly with reference to an invoice is there a way to restrict that the value or quantity of credit memo should not exceed the value and quanity of referenced invoice.
    Girish

    Hi,
    1) SAP allows credit memo to be created with reference to credit memo request and with reference to an invoice. In what what scenarios we should give option of creating credit memo with reference to invoice and in what scenario we should give option of creating credit memo with reference to credit memo request?
    >>> You raised invoice to customer say value is $ 100, Now due to some resons (Returns,price change etc) you want to give credit (u want to charge $ 90 insted of $100), Then you can create credit memo with refrance to invoice,
    Now again u want to change this credit memo, then credit memo to credit memo refrance can be used
    2) Whlie creating a credit memo request with reference to an invoice is there a way to restrict that the value or quantity of credit memo request should not exceed the value and quanity of referenced invoice
    3) Whlie creating a credit memo directly with reference to an invoice is there a way to restrict that the value or quantity of credit memo should not exceed the value and quanity of referenced invoice.
    >>> As std is availbale it will give you warning masage only.
    Kapil

  • Freight should not get reversed during credit memo

    Hi Experts,
           I Have a purchase order with planned delivery costs for e.g. say freight of some value and Goods receipt is posted and invoice is posted with freight. But our customer needs that when they perform the credit memo freight should not be reversed. How to perform this
    Regards
    Badri

    HI Badri
    can create credit memo without freight cost
    1) in MIRO choose Cedit memo
    2) in indicator choose only  goods/service items
    (if want to rasise credit memo for both material cost and freight need to choose goods/service items + planned delivery cost)
    3) then both material cost and freight cost will display, here need to deselect freight cost.
    4) now post. credit memo would have posted for only material cost.
    Regards
    karan

  • F110 - Clearing of Credit Memo and Invoice Document in Customer account

    Hi,
    The scenario is, the customer is posted with invoice amount of 3000 and a credit memo of 500. Instead of clearing this manually using f-32 can we use F110 to clear the debit and credit with in a customer account which must create a residual document for the differential (2500)
    please advice,  and the steps to be performed to achieve the scenario.
    Best regards
    Abishay

    Hi All,
    we have activated Business Function " LOG_MMFI_P2P " and Switch "MM_SFWS_CI_01 - Enhanced Functions in EhP4 for Applications in Materials Management" using Tcode SFW1. And followed all instructions documented when activated Business Function " LOG_MMFI_P2P ". The Busines function is activated to order to clear downpayments at the time of invoice posting in MIRO or MIR7. When I post the invoice in MIRO system is posting 2 indepedent document as below.
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    Dr GR/IR
    Cr Vendor
    2. Downpayment Recovery
    Dr Vendor
    Cr Vendor with SP GL Indicator "C"
    My point is, as per the link http://help.sap.com/erp2005_ehp_04/helpdata/EN/48/b42c22e8603095e10000000a421937/frameset.htm, it says "You can use the Down Payment Clearing function to clear down payments that you have posted with reference to a purchase order without going to the relevant financial accounting transactions, directly in logistics invoice verification."
    But, in my case, the system is not clearing the downpayment but instead is just posting a Credit memo account entry with SP GL indicator (refer to th Downpayment Entry).
    Please advice if SAP is designed to clear the downpayment in LIV or just to post the downpayment recovery entry.
    If advice on any corrections to be applied.
    Best regards
    Abishay Solomon

  • Printing of credit Memo processed in FB75, is not set up in co code

    Hi,
    For my company code there was limited correspondence types has been assigned.
    No he wants to assign new variant/standard variant to the existing list.
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    Many thanks in advance,
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    Message was edited by:
            veena chowdary

    Hi Krishna,
    Many Thanks,
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    This is very urgent, from past one week I am trying .
    Lots of thanks in advance,
    Cheers,
    Veena

  • F.05-Curr Translation - System not picking correct accounts from FBKP (KDF)

    Hi FI Gurus,
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    Regards
    AK

    Make the following entries in F.05 and execute.
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  • Error during Cancelation Credit memo document in trasaction MR8M

    Hi experts,
    I have a problem in the transaction MR8M during cancelation credit memo document. The error message no. F5808 occured: The value for field "Part. Bank" in the interface to Financial Accounting is an initial value but you are required to make an entry in the field selection for G/L account "160000" in company code "XXXX" linked to the field selection for posting key "31".
    I checked the field status group for the G/L account 160000, but there is no mandatory field for "Part. Bank". In the posting key 31 is mandatory field "Part. Bank", but problem is, that for the posting key 21 - Credit memo should system use the Reversal posting key 32, which is adjusted in the transaction OB41. I don´t know why the system want to use posting key 31 by reversing credit memo intead of posting key 32, which is in customizing.
    Moreover, I tried to post simple document in FI module with posting key 21 and by reversing this document system used the correct posting key 32, where the field "Part. Bank" is suppress field.
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    Thanks a lot
    Miroslav

    we just had the same error message F5808 giving the same wrong posting key 31 for credit note cancellation instead of 32.
    We solved the issue like this:
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    The change in the FI document is of course not transferred back to the original LIV document but after having "completed" the follow-on document we were able to cancel the LIV document with MR8M without the error message we had before.
    I'll keep Pablos breakpoint (thanks!) in mind if this happens again with a field that cannot be accessed in FB02.
    Regards
    Mark

  • Order related inter company credit memo - Order status 'Not Invoiced'

    Hi,
    We have recently created 'Order related inter company credit memo' process for return Stock Transport Orders(STO). For this, we used order related billing (billing relevance = C i.e. Relevant for ord.-related billing - status acc.to target qty) with standard item category 'G2N'. The issue is even after invoicing, sales order item status is 'Not Invoiced' and header status is 'Open', hence these orders are picked up multiple times during background invoice run and multiple invoices are being created.
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    Thanks in advance.
    Regards,
    Ganesh
    Edited by: Venkata Ganesh Perumalla on Nov 10, 2010 6:08 PM

    HI,
    Check too the Note 308989 - Consultant note for cross-company transactions
    It says:
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  • 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
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    The main idea is that we do not want to disturb the vendor masters and get a solution at transaction level
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    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.
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    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

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