Imapcts of revenue accounts after creating the debit & credit memo

Hello ,
Could you please explain the impacts of revenue accounts after creating the debit memo and credit memo.
Please expalin in the point of customer and company.
Thanks,
Kvv

HI,
Lets say billing amount 1000 Rs , When the billing Doc. Pass to accounting the entries will be like this :-
                                     COMPANY                                                                                CUSTOMER
Initial entry                 Debit (DR) -1000 Rs.     TO                                          Credit  (CR)     +1000 Rs.
After Payment           Credit  (CR) +000 Rs.      TO                                                     Dedit (DR)  -1000 Rs.     
After CREDIT NOTE to Customer  Of 200 Rs. the entries would be like this :-
                                 COMPANY                                                                                CUSTOMER
                             Debited (DR) -200 Rs.           TO                       Credited (CR) +200 Rs.
Letu2019s say by mistake Company raise the Credit Note (Credit Memo) of 200 Rs. Actually it has to be of
100 Rs. for that the entries would be as follows:
                                 COMPANY                                                                                CUSTOMER
                         Credited (CR) +100 Rs.                   TO                                                 Debited (DR) -100 Rs.
I hope this will help you to understandu2026..
Regards
Deepak

Similar Messages

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

    Hi,
    Here is the scenario:
    1) User create an AR Credit Memo (base on AR Invoice) partially for wrongly entered the unit price on 1 of the item out of 5 items in the AR Invoice.
    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.
    Is there anyway to accomplish this? Because the system will not re-open the Delivery or Sales Order after the AR Invoice copied to AR Credit Memo.
    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.
    We are looking into two paths:
    1) either cancel invoice and recreate it. I doubt this path as efficient / possible in the system
    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.
    Regards
    Fabrice

  • Creating debit/credit memo in AP with Payables Interface

    Hello guys,
    I am able to create an invoice using the payables interface table AP_INVOICES_INTERFACE and running the Payables Open Interface concurrent program. My question is, is it possible to create a debit/credit memo in AP as well through the interface tables?
    Many Thanks

    Hi.
    If the invoice amount is zero or positive then the value is STANDARD. If the invoice amount is negative then the value is CREDIT. This means you can upload Standard invoices and Credit Memos.
    Octavio

  • USEREXIT to adjust the rebate credit memo request to your own require

    We are using function module SD_BONUS_CREDIT_NOTE_CREATE in one of our rebate program.
    This Functional provides the option to use USEREXIT to adjust the rebate credit memo request to your      own requirements.
    With Present form of  functionl module it take standard doc type to  create the  rebate credit memo request.
    So Question here which  are userexit we have in this FM  which can be used to create  the  rebate credit memo request to our requirement.
    Has any body used this FM before to this length..
    appreacite your help
    Thanks
    rao

    Hi Serma,
    I haven't use this FM. I only can advise you how to find user exits in this (any) FM.
    Open your FM via SE37 and then try to find in this Function Group any CALL CUSTOMER-FUNCTION 'xxx' ..., where xxx is a 3-digit number which refers to the relevant FM EXIT_<FG>_xxx.
    <FG> is the name of the Function group to which the FM belongs to.
    When you find such an EXIT-Function, take a look at the parameters. When you find parameters which satisfy your needs, go ahead and build your EXIT enhancement in the predefined ZX-Include (you can find this inside the FM EXIT_<FG>_xxx).
    I hope this helps,
    Heinz

  • DSO activation problem after creating the secondary indexes

    Hi,
        I am facing the problem with DSO activation after creating the secondary indexes.
    •  Compared with Info Cubes there is no functionality available which allows dropping and recreating a secondary index before/after the data activation.
    As a workaround I can write a simple report which drops and creates the indexes on database level.
    By using a process chain, we can simply insert the drop index report before data activation and the create index report after the data activation process.
    Can any body help me step by step procedure or Material to write the programs for delete index and create index reports on DSO object?..
    Thanks in advance for your help.
    Thanks & Regards,
    Bala

    hi,
    in BI if you are using the dso for reporting then you can simply chk the settings of dso for SID generation.
    no need to create the indexes or delete it.
    if the dso is not used for report then no need to use indexes.
    Ramesh

  • SUBMIT an ABAP report after creating the WI but before completion of WI.

    Dear All,
    I am having an activity which sends the approval work item.
    Now my requirement is to SUBMIT an ABAP report after creating the WI but before completion of WI.
    I can not call this report before approval activity because i need to pass this WI ID to this report.
    Please suggest some way to solve this.
    Regards,
    Amar

    Hello,
    You could create a 2-from-2 fork and put the workitem in one branch and the report in the other. Have the report branch wait 1 minute and then read the workitem id from the other branch.
    What is the purpose of this report? Why does it need the workitem id?
    regards
    Rick Bakker
    hanabi technology

  • Feedback after the error in SWEL after creating the PO

    Hi!
    After creating the PO, it says in SWEL.. "Feedback after error" . When I double clicked it, it said that the EVENT releasestepcreated, Import container contains errors (are any obligatory elements missing?)
    What could be the possible error in this?
    Thanks so much,
    Paula

    Hi Paula,
    Please check your binding from event to workflow.
    You might have missed to export the event parameters to WF.
    Please check the same in SWDD-> start events.
    Thanks and Regards,
    Swaminathan

  • IMovie is crashing after creating the large movie for YouTube.

    Hey Guys!
    So, I have been uploading to YouTube from iMovie for several years now and today I uploaded again as I usually do. The problem was that about 30 seconds before the end of my video it went black on YouTube! I deleted it off YouTube and reuploaded but it happened again! So, thinking that it was something on YouTube's end I deleted it but the next time I tried to upload, iMovie gave me this error message: "The project could not be prepared for publishing because an error occurred. (Not enough room in heap zone / )"
    Now when I try to upload, iMovie crashes after creating the large movie to upload to YouTube!
    I have restarted my computer, deleted items to create extra space on my disk, and ejected my iPhone so nothing else happens while I'm trying to create the large movie.
    Does anyone have an idea of what is happening and how to fix it?
    Thank you!

    I'm having a similar problem with Imovie 11.  I wonder if the problem is in the new Mountain Lion update.  Fortunatly, I cloned the drive befor installing the update.  I've cloned this drive back to the original startup drive and gotten back to IMovie.

  • What is the difference between these two URLS after creating the desktop

    Hi
    I am accessing one portlet (Portlet is Remote portlet), after created the desktop,
    this URL is : http://localhost:7001/DemoPortalWeb/page/Demo/desktop/ServiceDelivery
    It successfully rendering to login portlet now, when i am trying to hit the valid URL
    http://localhost:7001/DemoPortalWeb/appmanager/Demo/desktop/servicedelivery
    it is giving the Error code 404
    only difference is that 'appmanager' is replaced with 'page', How to access my portlet with
    this URL http://localhost:7001/DemoPortalWeb/page/Demo/desktop/ServiceDelivery

    Hello,
    To change the "appmanager" portion of the URL, all you need to do is add another servlet-mapping to your (consumer) webapp's WEB-INF/web.xml file. For example, if you wanted "page" to work as a replacement for "appmanager", you could add this to web.xml:
    <servlet-mapping>
        <servlet-name>AppManagerServlet</servlet-name>
        <url-pattern>/page/*</url-pattern>
    </servlet-mapping> Kevin

  • Debit/Credit memo

    I am confused whenever i come across the term Debit/credit.... here in MM point of view where we use this Debit memo and credit memo..
    I am new to this pls tell me the following steps how to do that debit/credit memo..

    Hi
    DEBIT MEMO
    The Debit Memo process is used for applying a debit to a customer account once a determination has been made that a customer has been undercharged as a result of a pricing or sales tax rate error. A Debit Memo Request is then created with the amount to be Debited, and placed on a billing block for review. It must then be released to become billing relevant, and appear on the billing due list. Periodic billing process creates a Debit memo to be sent to the customer, and posts an accounting document.
    .CREDIT MEMO
    You post a credit memo if too large an amout has been invoiced ,the total invoice quantity in the p.o history is reduced by the credit memo quantity
    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.
    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.
    Thanks

  • Cancellation Document no accounting doc but cancellation of credit memo

    Hi experts,
    I have cancelled a billing doc then instead of the cancellation document producing an accounting document another cancellation of Credit Memo (S2) was generated. I believe this is SAP standard bug but have anyone of you encountered such scenario?
    Thanks and regards,
    jG

    Hi Sandip,
    Yes this was my expectation but it didn't happen because the accounting didn't post instead another billing document was created in SD with doc type S2 "cancellation with credit memo" which I don't know the logic behind it. So the sequence of my documents are
    1. billing doc
    2. accounting doc of billing doc.
    3. cancellation of billing doc.
    4. cancellation of credit memo.
    If you can see the 4th one instead of another accounting doc this unnecessary cancellation of credit memo doc appeared.

  • Allow manual price entry in Debit/Credit memo request but not in STD Order

    The same pricing procedure is used for Standard order and Debit/Credit say ZRVA01.
    All condition types in ZRVA01 is set to "D" - not possible to process manually in V/06 since business requirement is not allow for manual pricing in sales order creation.
    When the Debit/Credit note is created(despite of create w/ or w/o reference to billing document), we need to have the user be able to overwrite the price value, able to delete condition type Surcharge, Discount since in some cases for the credit note, the original price might be too high and we only need to credit the customer for the wrong price.
    Question is how to allow 'no limitation'  (change with can be made, field Manaual entries in V/06) for all condtion types in pricing procedure but only for Debit/Credit memo request ?

    Thank you all, but if I create new condition to allow manual, how could I overwrite or delete some non relevant condition type in credit note
    i.e. in STD order we have ZPR0 (base price), ZD01(discount), ZS01(surcharge)  and we found out  that the ZPR0 and ZS01 was over charged, hence, we need to issue the Credit note to the customer, when create a credit memo request, the user will be able to change the value in ZPR0 and ZS01 and be able to delete ZD01 (as it is non relevant for credit note). How such the new condition type would applied?

  • Error While doing the Asset Credit Memo -ABGL

    HI,
    While doing the Asset Credit Memo -ABGL,i am getting the below error.Kindly help me with your inputs.
    Balance for transaction type group 10 negative for the area 01
    Message no. AA629
    Asset affected: 406000000004-0000
    Diagnosis
    With the transaction entered, the balance for the transactions in group 10 in area 01 will be negative in this fiscal year. However, the balance of transaction type group 10, according to its definition, must be positive in each fiscal year.
    System response
    The system rejects this posting.
    Procedure
    Check the transaction type, the amount and the fiscal year in your posting. If you want to post a credit memo to an acquisition from the previous year, then use a transaction type for a retirement. If necessary, you can change balance rules after talking with your SAP consultant.
    Thanks
    Supriya

    Check your config in OABN / OADB
    The depriciation area 01 can allow you post values only postive .. in OADB
    it has maintained Acquisition values Postive or zero values and net book
    values has miantained Postive or 0 values. so based on this setting u cannt
    post any negative values for this asset.

  • 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.
    thanks
    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.
    Now for your doubt I guess You are trying to copy Service Type AR Invoice in Item Type Credit Memo.
    Just check your Document Type (Item or Service) must be same for both Target and Base Doc while Copy......
    Regards,
    Rahul

  • Saels Quotation,Contract, Order, Return, Debit/Credit Memo Request

    Hi,
      I have Saels Quotation,Contract, Order, Return, Debit/Credit Memo Request. Now I want to change the Sales office, Sales Group and sales District in the existing Quotation,Contract, Order, Return, Debit/Credit. But in all the these requests these 3 fields are not in editable mode. Plese suggest me what is the best way I can change these 3 fields in the existing Quotation,Contract, Order, Return, Debit/Credit.
    Thanks & Regards
    Venkat

    You can also use :
    SD_SALESDOCUMENT_CHANGE
    FYI
    call function 'SD_SALESDOCUMENT_CHANGE'
            exporting
               salesdocument         = salesdocument
               order_header_in       = da_order_header_in
               order_header_inx      = da_order_header_inx
               simulation            = simulation
               behave_when_error     = behave_when_error
               int_number_assignment = int_number_assignment
               logic_switch          = logic_switch
               business_object       = 'BUS2032'
               call_from_bapi        = 'X'
            tables
               return               = return
               item_in              = da_order_item_in
               item_inx             = da_order_item_inx
               schedule_in          = schedule_lines
               schedule_inx         = schedule_linesx
               partners             = partners
               partnerchanges       = partnerchanges
               partneraddresses     = partneraddresses
               conditions_in        = conditions_in
               conditions_inx       = conditions_inx
               sales_cfgs_ref       = order_cfgs_ref
               sales_cfgs_inst      = order_cfgs_inst
               sales_cfgs_part_of   = order_cfgs_part_of
               sales_cfgs_value     = order_cfgs_value
               sales_cfgs_blob      = order_cfgs_blob
               sales_cfgs_vk        = order_cfgs_vk
               sales_cfgs_refinst   = order_cfgs_refinst
               sales_text           = order_text
               sales_keys           = order_keys
               extensionin          = extensionin.
    Note:you can go SE80 and choose Function group = 'VBAK". you`ll find Fms.
    Hope this’ll give you idea!!
    <b>Pl... award the points.</b>
    Good luck
    Thanks
    Saquib Khan
    "Some are wise and some are otherwise"

Maybe you are looking for

  • Can't change my credit card information

    My credit card expired. I tried to changed it with my iphone by following all the steps. Once I click the "done" button, it tells me that I need help and that I should go on this website: www.apple.com/support/itunes/ww/. This website does not help m

  • Hi I am getting the following error in wf_notifications for a particular requisition

    Hi , One of the users reported that a workflow notification was suddenly sent out after two years for a requistion that was closed two years back. On checking the wf_notifications table , the error that was noticed read as :- Approval workflow databa

  • COPA Planning to Profit Center Accounting

    Hi, We are using ECC 6.0. When we do COPA planning and transfer the values of COPA to Profit Center, no data has been transfered to profit center plan items. We have not activated Planning version of Classic Profit Center Accounting. Is it required f

  • Remove duplicates in Contaccts

    All of a sudden, my Contacts listing now has a duplicate for every listing and some of them even have triplicates. What happened? How do I get rid of them and keep this from happeiing again?

  • Where is the gradient editor in Flash CS4?

    Hi, I'm on an intel iMac, and trying to make the switch from Flash CS3 to CS4. I have done several searches for this topic and to no help thus far. I'm familiar with the gradient editor in CS3 but I can't seem to find it in CS4. I have found the Colo