Posting a credit against a credit memo in a customers Accounts Receivable f

Is it possible to post a Credit Card Credit ( refund ) against a customer's credit memo in their Accounts receivable file? We gave a credit card paying customer a credit memo for returning goods and also a credit to their credit card. Our bak now shows a credit card refund coming out of our bank account ( so it is like a negative deposit) I want to post that credit card refund against the credit memo but going thru the normal way of posting a cash payment says SAP will not take a negative deposit as a posting. Points will be awarded.

Hi
The invoice ref field in credit memo posting is related only with the payment terms. The systems determines the payment term from the original invoices.
This field should be either filled with the original invoice document number or "V".
If the field is left blank, then the system always takes the payment term for credit memo as "Due immediately"
I dont thing there is a provision for copying the line item details as per original invoice document.

Similar Messages

Cancelling Credit memo not reverse the accounting document

Hello,
Hello,
We are facing pecular problem in production system when we Cancel the sales credit memo system is not genarating the reversal accounting document and it's genarating the entry same way credit memo.
When we do the credit memo it's passing accounting entry in the following way.
Posting key 11 with customer (credit entry)
Posting key 40 with revenue (debit entry)
Posting key 40 with tax (debit entry)
When we cancel the credit memo system is not passing the reversal entry and once again it's passing the same entry.
Posting key 11 with customer (credit entry)
Posting key 40 with revenue (debit entry)
Posting key 40 with tax (debit entry)
Could you some body explain me what is the problem
Regards,
Satya
Regards,
Satya

Dear senthil
As I said earlier, once the accounting document is generated, the respective amounts will flow in debit / credit entry of the document flow.
Once you cancel the billing document, for this cancelled billing, one more accounting document will be generated and with this, the above entries would be vice versa. That is debit entries get credited and credit entries get debited and you cannot hide this from SAP
thanks
G. Lakshmipathi

Credit against advance payment

Hi friends,
I have an situation where the customer's are to be delivered / order created only if the advance payment is received from the customer.
There are some set of customers who have a set credit limit upto which they can procure from the company, for which i have set the credit management, and also there are some customers who are not having any crdit limit with them and should be delivered only if they make payment in advance.
Pls advise..
Regards,
Aruna

Hi,
Enter credit limit 1 in the credit master and maintain value "A" in the subtotal field of the pricing procedure against netvalue or gross value or whichever value you want.
Ask FI people to post the payment against advance payment and then create order.
If you order value exceeds agaisnt advance payment then system will block the order.
Reward if it helpful.
Regards,
Chandra

Differnece between credit note and credit memo

Hi Gurus,
Can you please explain differnece between credit note and credit memo clearly .. r they same?
Regards,
Subbu

HI,
ref the link, whihc will give the complete info
http://help.sap.com/erp2005_ehp_04/helpdata/EN/a8/b99890452b11d189430000e829fbbd/frameset.htm
and blw explanation
Subsequent Debits/Credits are used in cases where the quantity is in the original invoice is to remain the same. For eg.
PO 10 - $10
Gr 10 - $10
LIV 10 - $11 (Logistics Invoice Verification)
The vendor invoice is more than that in the Purchase Order. In order to correct, the Vendor may send in another invoice for
the Increased amount or a credit memo for the increased amount.
If you approve of the price increase, post the subsequent invoice received as a Subsequent Debit/Credit Invoice.
If it is a credit memo that has been received, then post the credit memo as Subsequent Debit/Credit.
This would retain the quantity but reduce the amount.
Subsequent Debit/Credit is for the case when the credit is not for the full amount eg. if the Vendor decided to credit
only the $1 overcharged.
Credit memo is for the credit of the full amount and value.
Credit Memo u2013 A credit memo is received from a vendor if you were overcharged on a previous invoice. It is processed as a reversal of a previous invoice on a quantity and value basis referencing a Purchase Order. In the same way the system assumes a corresponding goods receipt was posted for the original invoice, the system assumes a credit memo is linked to the reversal of a goods receipt. You must change the transaction from Invoice to Credit memo.
Subsequent Credit u2013 You receive a credit memo from a vendor decreasing the total invoiced value on a previous invoice, not the total invoiced quantity. You must change the transaction from Invoice to Subsequent credit. It is a reduction of value but not quantity by the amount of the credit memo.
Subsequent Debit u2013 You receive an additional invoice from a vendor because you were undercharged, increasing the total invoiced value, not the total invoiced quantity. You must change the transaction from Invoice to Subsequent debit. It is processed as an increase in value but not the quantity by the amount of the additional invoice.

Cancel Credit Memo Not passed to Accounting

Hi, All
My client have a Issue there raised Credit memo request with reference to billing document later there convert into Credit Memo, later there found amount there given is wrong credit memo request, there cancel credit memo the problem is that system not generate any accounting document Due to the Number range Issue and we fix the issue ( Same Series of number ranges RV and accounting ) previous it was the other Series of number ranges
The problem is Cancellation of credit memo not passed to accounting and credit memo already passed to accounting
Can we delete Billing document not passed to Accounting So i can again Cancel the Credit memo
it very urgentt
Thanks
Rajesh

Hi,
to cance a cancellation document, check note 388489.
But the status of the original document won't change thus you cannot cancel it again. The solution is creating a debit memo.
Balazs

Depreciation posted as debit instead of credit

Hello Gurus'
For few Assets only, Deprecation in 7th month (Calender year is followed) got posted as debit instead of credit & also amount posted was 6 times than the usual monthly depreciation.
Please help.
Thanks,
VK

Hi,
If you posted depreciation for a period, then your FI entry will be like below.
Depreciation expense GL account Dr
To Accum Dep B/S GL account Cr
Since your debit entry will be posted to an P&L GL and credit goes to accum dep B/S GL account.
This is the standard functionality only.
Please check your accounting entry for depreciation posting.
Thanks,
Srinu

R12: Create on-account Credit Memo with invoicing and accounting rules

In R12.1.2: when using the AR_INVOICE_API_PUB it seems to be impossible to create a on-account Credit Memo with invoicing and accounting rules. The next errors are returned by the API:
- AR_INAPI_INV_RULE_NOT_REQUIRED
Do not include an invoicing rule if the transaction type's class is Debit Memo or Credit Memo.
- AR_INAPI_RULE_NOT_ALLOWED
Do not enter an invoicing or accounting rule for on-account credit memos
Please advice how to create on-account Credit Memo with invoicing and accounting rules using an API.
Edited by: nl05517 on Jan 17, 2011 10:43 PM

We will use the AR_CREDIT_MEMO_API_PUB api.

Apply unapplied credit against future sales orders

Hi,
As per the current business scenario, there is a custom program which checks for the payment against the sales order and if it has not received, the program will put the order on Hold.
Now, there are few scenarios where customer has paid the amount but later on, due to some reason, (either customer don't want the item or the item is out of stock) company decideds not to ship the item. Now, customer asks the company to keep the payment and utilize it for future sales order.
Is there any standard feature available in R12.1 where I can find out unutilized credit against the customer and apply it to the future sales order?
I can think of CUSTOMER ACCEPTANCE feature of Revenue Management in R12.1 but this is not solving the purpose 100%. Progress Workflow feature in Release Hold will simplify the releasing hold functionality but again actual problem will not get resolved.
If any one can help me in this issue, it will be really great.
With Regards,
Vishal Majithia

Not sure about R12, but in 11.5.10, you can create receipt for the customer and afterwards apply that receipt against any ar invoice of that customer.
Hope it helps.
Regards
Varun

Letter of Credit functionality and Credit Management

Hi,
we want to use Letter of Credit functionality for exports.
Currently, we have an ERP system that contains the sales data. In a separate system we have the credit management functionality (Financial Supply Chain Mgt - FSCM).
When order is created, the credit limit is checked in the FSCM system (via PI messages).
Now, we want to link some of the Sales orders with Letter of Credit. I believe, this is standard functionality in GTS.
So when Sales Order is created a LOC should be connected to this.
Can the GTS be connected also to FSCM credit management, so credit limit is not affected?
Example:
Sales Order value: 1 Mio USD
10% down-payment > this would be in the credit exposure visible (net exposure).
90 % covered through LOC > credit exposure should showing this, or it shows order value and in a negative figure this amount deducted so no effect on exposure.
Down-payment has no relation to LOC. When money is received for this the net exposure of the sales order is 0.
partial invoice: 0.4 Mio USD > it should be possible to link this invoice to the LOC. The posting FI document should have some LOC information, so when payment comes in the amount in LOC is reduced as well as in credit management this open.
Final invoice 0.5 USD: as above, all values go out from exposure if there are any.
A second case would be guarantees, where there is no reduction of values. This would stay same.
Anyone who can advise a solution here?
Thanks + Regards
Hein

Letter Of Credit can be used as a standard solution of SAP GTS with ERP solution. Yes you can connect both SAP & no SAP systems with GTS, but plugins, PI etc needs to be built in. But it would not be real time like RFC works. There are some standard available which needs to be hard coded to meet specific requirements.
Connecting LOC to Sales Order, invoice etc, is manual, based on business specific parameters and it comes standard with SAP GTS. Maintaining Values & Quantity of LOC based on actual LOC from bank is also possible. The depreciation of values & quantities is also standard with in LOC in GTS.
You can also setup various communication methods for LOC.
I think when Invoice is raised and payment is received the LOC should be closed in the system. There can also be other scenarios where in system determines LOC based on predefined logics for determination strategy put in to the GTS system.
Cheers,
Abir

Is mandatory to have a credit card to my account? and if I do not have a credit card I can not make a Itunes Account?

Hi people!
is mandatory to have a credit card to my account? and if I do not have a credit card I can not make a Itunes Account?

Hi,
In addition to Roger's post, you will need a credit or debit card at a future date if you want to buy from Istore.
You can use itunes gift cards that have been purchased from external sources. Card needed if to want to buy gift card from Istore.
Jim

Difference between Credit Note & Subsequent credit

Hi gurus
Pl tell me in detail abt the Credit Note & Subsequent credit note.

Dear Naveen,
Here detailed infirmation about credit memo and debit memo and i given to some brief infirmation links
Debit Memos and Credit Memos
Use
There are several points to note about creating debit memos and credit memos in Thailand.
Features
Country Version Thailand comes with a SAPscript form for debit memos and credit memos which, in accordance with legal requirements, shows:
The words "Debit Memo" or "Credit Memo" in a prominent place
Your companys name, address, and tax ID
Your business partners name and address
The document date
The number of the original tax invoice
A short explanation of the reason for the memo
In addition, debit and credit memos also have to be allocated to a business place.
Activities
Customizing
In order for the system to print out the correct output, make the appropriate Customizing settings as described under Output.
Day-to-Day Activities
When you create a credit memo or debit memo, request output type J1H1. The system prints a credit memo or debit memo accordingly.
http://help.sap.com/saphelp_47x200/helpdata/en/47/60fb7a49f011d1894c0000e829fbbd/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/80/ceafb47f4c11d5992f00508b6b8b11/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/dd/561076545a11d1a7020000e829fd11/frameset.htm
hope this helps
Prem

I have £16.50 on my account, when i go to purchase a song Itunes wants me to purchase it through a credit card? why can i use my account money?

I have £16.50 on my account, when i go to purchase a song Itunes wants me to purchase it through a credit card? why can i use my account money?

Assuming you were not buying a gift for someone else - gifts cannot be purchased using a credit balance - another user in the forums posted this as the reply from the iTunes Store when this issue was brought up. Perhaps it will help you. If problems persist, contact the iTunes Store:
http://www.apple.com/emea/support/itunes/contact.html
Regards.
I'm sorry you weren't able to make a purchase using your store credit. To purchase items on the iTunes Store with your store credit, your account information in your user profile needs to be corrected. I'll walk you through this process to get you back up and running in no time.
1) Visit the My Apple ID website at: http://appleid.apple.com
2) If the site is not displayed in your preferred language, click the Change Language link in the upper-right corner, type the name of your language in the field that appears, then click the Save button.
3) Click the "Manage your account" link.
4) Type your iTunes Store account name (which is your Apple ID) in the Apple ID field, type your password in the password field, then click the Sign In button.
5) Click "Addresses" in the column on the left. If you have multiple shipping addresses, remove any out-of-date or duplicate addresses by clicking Delete. Also, make sure the state or province field is filled out correctly for each address. To edit an address, click Edit. Edit all of your shipping addresses and make sure the appropriate state is selected in the State drop-down menus.
6) Now click "Phone Numbers" on the left. The area codes should be in the area code fields and the phone numbers should be in the phone number fields. If an area code is missing, or if it is in a phone number field, your account information may not save properly.
7) Make any other necessary corrections, then click the Save Changes button.
8) Click Log out in the upper-right corner. When you make your next purchase on the iTunes Store, you will be asked to review your billing information. At this point, you can change your information or simply click Done at the bottom of the screen to proceed. Once you click Done, you should be able to purchase on the iTunes Store using your store credit.

HT5622 how do i use my apple id credit not my credit card

how do i use my apple id credit not my credit card as my apple id has money on it but it keeps trying to use my credit card instead of the credit thats on it

Some Purchases require a Credit Card.
If necessary... Contact iTunes Customer Service and request assistance
Use this Link > Apple Support iTunes Store Contact

Credit management and credit exposure

Hi experts,
Pls anybody clarify my doubt in Credit management.
I activated the credit control areas update as 000015(Open delivery and billing document value).And activated dynamic credit management "Automatic credit control".Now i explain with some example how it working. Fixed credit limit for customer A Rs.30,000/-, Receivables amount 22,000/-. Now if create a sales order for value >8000 i m not getting the credit lock waring messages.
(I.e) i am creating one sales Order for value Rs.9,000/-.(So credit limit crossed and not getting error msg or waring messages)
After that creating another sales order for same customer i am getting Warning msg like"Credit limit crossed_____amount".
So finally, CCR Rs.30,000/, Recei Rs.22,000/- but i can able to make even Sales Order value for Rs One lakh. I want here to block sales order should not be create.
Thanks in advance.
SR

When a sales order is created , only the confirmed quantity is taken for pending sales value even if sale order qty is more
Check OVA8 setting , open deliveries and open orders should be selected
You can set reaction status as warning or error.
Pricing procedure - Subtotal should be A . This will update structure s066
The above condition will work only for order creation . For sales order ammendment you have do the same setting for credit group 02.
If Dynamic credit check works with credit Horizon date . It is better to have static credit check.
Check MC30 after creating sales order whether structure s066 updated for the order.
check and confirm
Senthils

HT2534 My friend created me an itunes store account with his credit card , his credit card is about to expire and they are asking me to re-enter the credit card and security card number .... I don't have these numbers ... How can i create new itunes accou

My friend created me an itunes store account with his credit card , his credit card is about to expire and they are asking me to re-enter the credit card and security card number .... I don't have these numbers ... How can i create new itunes account without credit card?????

Why do you need to create a new account?
Just change the payment method.
http://support.apple.com/kb/ht1918

Posting a credit against a credit memo in a customers Accounts Receivable f

Similar Messages

Maybe you are looking for