Purchase Credit memo - G/L Account is missing

I purchased some items (not the service) from a vendor, but i like to return it so I wants to create a A/P Credit Memo.  I am copying all the information into the A/P Credit memo from Goods Receipt document.  When I click add button the system throws an error saying the G/L account is missing.  What could be the problem.
Thanks
SV Reddy
Edited by: S V Reddy on Apr 3, 2008 11:55 AM

Hi Rakesh,  thanks for the reply
This A/P down payment clearing account is already defined.  Also I tried to enter the G/L account for Purchase Credit account , still the problem is exist.
if I am raising a A/P credit memo for an item type is Purchased item and Fixed Asset , in this case would be the scenario be different?  I am copying all the information into the credit memo from is A/P Invoice.  Please reply
thanks
SV Reddy

Similar Messages

  • Issuing a Credit memo - G/L account is missing

    Why the error message coming up when you issue a credit memo.  It says the G/L account is missing.  what could be the problem?
    Thanks
    SV Reddy

    Your Sales Credit Account is not defined.
    It depends on the item you have on the Credit Note which you would like to create. Go to Item Master Data of this item, Stock Data tab.
    For the 'Set GL Accounts by' there are 3 options: by Warehouse, Item Group or Item Level.
    1. Warehouse: go to Administration -> Setup -> Stock Management -> Warehouses, choose the WH you use in this case and on the Accounting tab fill the Sales Credit Account.
    2. Item Group: go to Administration -> Setup -> Stock Management -> Item Groups, choose the Item Group of the item on your Credit Note and on the Accounting tab fill the Sales Credit Account.
    3. Item Level: in Item Master data -> Stock Data tab fill out the Sales Credit Account column. If you don't have this column, go to Form Settings and make it visible there.

  • Cancel credit memo genarating wrong accounting document

    Hello,
    We are facing when we Cancel sales credit memo credit memo genarating wrong accounting document entry in production system.
    I have checked the billing type for credit memo s1 and cancel credit memo in production system configuration
    Cancel credit memo is hitting document type RV instead of AB in production system
    I have checked the oba7,vofa.
    Please provide the clarification.

    Hi,
    In Billing type defination, VOFA, if the document type is left blank, then system by default picks up RV.
    Please check your billing document type and check if document type is left blank, this could be a reason why system picks up RV instead of AB.
    If you want system to pick up AB then in Cancellation billing type document, enter document type as AB, this should work.
    Regards,
    Malini

  • Cancel the Credit memo genarating wrong accounting entry

    Hello,
    We are facing when we Cancel sales credit memo credit memo genarating wrong accounting document entry in production system.
    Same scenorio i have replicated in quality system and working fine.
    I have checked the billing type for credit memo s1 and cancel credit memo in quality system and production system configuration is same why it' hitting wrongly.
    Cancel credit memo is hitting document type RV instead of AB in production system but same it's correctly in quality system.
    I have checked the oba7,vofa.
    Please provide the clarification.
    Regards,
    Satya

    Hello,
    For document type RV we have maintained reverse document type AB.
    For document type AB we have maintained reverse document type AB.
    S1 is billing document type we can not map in OBA7 with documen type RV.
    Please give me your inputs.
    regards,
    Satya

  • A/R Credit Memo   --  G/L Account

    Hi All,
    when i am adding an A/R Credit memo into the B1 system the error message appearing as follows :
    "A/R Credit Memo - Document Number, G/L Account is missing"
    What could be the reason ?
    thanks
    Venkat

    The G/L Account the Credit Memo transaction looks for is the Sales Credit Account
    Please check if in Admini > Setup > Financials > G/L Account Determination > Sales Tab...Sales Credit Account has been defined.
    This G/L setting is copied to the Warehouses Accounting Tab / Item Group Accounting Tab depending on how your Set G/L Accounts By is set in System Init > General Settings > Inventory Tab
    Based on this, if it is Warehouse based you will need to chech the warehouse definition accounting tab of the warehouse you are creating your Credit Memo on or if it Item Group then check the Item Groups Accounting tab of the Item group of the Items on your  your Credit Memo.
    Suda

  • GL Account Missing : A/P Credit Memo

    Hi
    I am trying to create A/P Credit memo by copying A/P Invoice.
    I am getting the error: GL Account Missing : A/P Credit Memo.
    Kindly solve this.
    Regards
    pawan

    Hi Pawan,
    Check sales Return account are defined in Warehiuse accounting Setup and aslo
    check the following thread
    GL Account missing in AR Credit Memo
    Issuing a Credit memo - G/L account is missing
    AR Credit Memo - Account Missing Error?
    GL Account Missing: A/R Credit memo
    *Close the thread if issue solved.
    Regards
    Jambulingam.P
    Edited by: Jambulingam P on Jul 25, 2009 12:03 PM

  • Purchase Credit account - when it will use?

    Hi All,
    Just being confused with Purchase Credit Account, when this account will be used? It is at Goods Return function? or AP Credit Note?
    What account should be set for? COGS? Looking forward for correct answer, thanks.
    Regards,
    MH

    Hi,
    Purchase Credit Account is an expense account to be used as default when a credit transaction for purchasing is created, for example, an A/P credit memo.
    This account defaults for new warehouses, item groups and item master data records creation.
    The purchase credit account can be the same as the Expense Account, in case you do not wish to record credits to a separate account.
    It is mandatory account for Initial Setup.
    Regards,
    Preety Goel
    SAP Business One Forums Team

  • Purchase Register minus Credit Memo Report

    Hi Experts,
    I am not getting the desired result from this query. I am trying to substract the partial and full Purchase credit memo amount but the result showing only memo placed document while i want all the document in the report' result.
    SELECT
    M.DocNum as 'A/P Invoice No.',
    M.DocDate as 'Inv. Date',
    M.CardName as 'Vendor Name',
    M.NumAtCard as 'Vendor Ref. No.',
    (Select Sum(LineTotal) FROM pch1 L Where L.DocEntry=M.DocEntry) - (Select Sum(LineTotal) FROM rpc1 r Where R.baseEntry=L.DocEntry) as 'Base Amt(Rs.)',
    (SELECT AVG(TaxRATE) FROM pch4 where statype=1 and DocEntry=M.DocEntry) - (SELECT Sum(TaxRATE) FROM Rpc4 R4 where statype=1 and R4.DocEntry=R.DocEntry)as ' VAT_RATE ',
    (SELECT Sum(TaxSum) FROM pch4 where statype=1 and DocEntry=M.DocEntry)  - (SELECT Sum(TaxSum) FROM Rpc4 R4 where statype=1 and R4.DocEntry=R.DocEntry)  as ' VAT(Rs.)',
    (SELECT avg(TAXRATE) FROM pch4 where statype=4 and DocEntry=M.DocEntry) - (SELECT Sum(Taxrate) FROM Rpc4 R4 where statype=4 and R4.DocEntry=R.DocEntry) as ' CST_RATE ',
    (SELECT Sum(TaxSum) FROM pch4 where statype=4 and DocEntry=M.DocEntry) - (SELECT Sum(TaxSum) FROM Rpc4 R4 where statype=4 and R4.DocEntry=R.DocEntry) as ' CST(Rs.) ',
    (Select Sum(LineTotal) From pch3 Q Where Q.DocEntry=M.DocEntry) - (SELECT Sum(Linetotal) FROM Rpc3 R3 where R3.DocEntry=R.DocEntry) AS 'Freight(Rs.)' ,
    (M.DocTotal - RP.Doctotal)as 'Total (Rs.)'
    from opch M
    LEFT OUTER JOIN pch1 L on L.DocEntry=M.DocEntry
    LEFT OUTER JOIN pch4 T on T.DocEntry=L.DocEntry and L.LineNum=T.LineNum
    LEFT OUTER JOIN pch5 J ON M.DocEntry = J.AbsEntry
    LEFT OUTER JOIN pch3 Q ON M.DocEntry = Q.DocEntry
    left outer join RPC1 R On R.Baseentry = L.Docentry
    left outer join RPC4 R4 On R.docentry = R4.Docentry
    left outer join RPC3 R3 On R.docentry = R3.docentry
    left outer join ORPC RP On R.docentry = RP.docentry
    WHERE M.DocDate >= [%0] AND M.DocDate <= [%1] and m.doctype = 'I'
    GROUP BY
    M.DocNum,M.DocDate,M.CardName,M.NumAtCard,
    M.DocEntry,M.[DiscSum],M.WTSum,M.DocTotal,L.docentry,R.docentry,RP.Doctotal
    ORDER BY
    M.DocNum,M.DocDate,M.CardName,M.NumAtCard,
    M.DocEntry,M.[DiscSum],M.WTSum,M.DocTotal

    If no payment has made to the particular invoices, then you can use this
    SELECT
    M.DocNum as 'A/P Invoice No.',
    M.DocDate as 'Inv. Date',
    M.CardName as 'Vendor Name',
    M.NumAtCard as 'Vendor Ref. No.',
    (Select Sum(isnull(LineTotal,0)) FROM pch1 L Where L.DocEntry=M.DocEntry) - isnull(((Select Sum(isnull(LineTotal,0)) FROM rpc1 r Where R.baseEntry=L.DocEntry)),0) as 'Base Amt(Rs.)',
    (SELECT AVG(TaxRATE) FROM pch4 where statype=1 and DocEntry=M.DocEntry) - isnull(((SELECT Sum(TaxRATE) FROM Rpc4 R4 where statype=1 and R4.DocEntry=R.DocEntry)),0) as ' VAT_RATE ',
    (SELECT Sum(TaxSum) FROM pch4 where statype=1 and DocEntry=M.DocEntry) - isnull(((SELECT Sum(TaxSum) FROM Rpc4 R4 where statype=1 and R4.DocEntry=R.DocEntry)),0) as ' VAT(Rs.)',
    (SELECT avg(TAXRATE) FROM pch4 where statype=4 and DocEntry=M.DocEntry) - isnull(((SELECT Sum(Taxrate) FROM Rpc4 R4 where statype=4 and R4.DocEntry=R.DocEntry)),0) as ' CST_RATE ',
    (SELECT Sum(TaxSum) FROM pch4 where statype=4 and DocEntry=M.DocEntry) - isnull(((SELECT Sum(TaxSum) FROM Rpc4 R4 where statype=4 and R4.DocEntry=R.DocEntry)),0) as ' CST(Rs.) ',
    (Select Sum(LineTotal) From pch3 Q Where Q.DocEntry=M.DocEntry) - isnull(((SELECT Sum(Linetotal) FROM Rpc3 R3 where R3.DocEntry=R.DocEntry)),0) AS 'Freight(Rs.)' ,
    (M.DocTotal - isnull(M.PaidToDate,0)) as 'Total (Rs.)'
    from opch M
    LEFT OUTER JOIN pch1 L on L.DocEntry=M.DocEntry
    LEFT OUTER JOIN pch4 T on T.DocEntry=L.DocEntry and L.LineNum=T.LineNum
    LEFT OUTER JOIN pch5 J ON M.DocEntry = J.AbsEntry
    LEFT OUTER JOIN pch3 Q ON M.DocEntry = Q.DocEntry
    left outer join RPC1 R On R.Baseentry = L.Docentry
    left outer join RPC4 R4 On R.docentry = R4.Docentry
    left outer join RPC3 R3 On R.docentry = R3.docentry
    left outer join ORPC RP On R.docentry = RP.docentry
    WHERE M.DocDate >= [%0] AND M.DocDate <= [%1] and m.doctype = 'I'
    GROUP BY
    M.DocNum,M.DocDate,M.CardName,M.NumAtCard,
    M.DocEntry,M.DiscSum,M.WTSum,M.DocTotal,L.docentry,R.docentry,RP.Doctotal, M.Paidtodate
    ORDER BY
    M.DocNum,M.DocDate,M.CardName,M.NumAtCard,
    M.DocEntry,M.DiscSum,M.WTSum,M.DocTotal
    Regards,
    Bala

  • How to create On Account Credit Memo in R12.1.3

    Hello Experts / Dina,
    Oracle claims that there is new feature of creating credit memo On Account can be done by using Oracle Projects billing with R12.1.3 only.
    For the same they say that:-
    The Interface Invoices to Receivables process creates credit memo as On Account Credit Memo when the following conditions are satisfied:
    1> The Allow Over Application option is set to No in Oracle Receivables and the Create On Account Credit Memo option is enabled in Oracle Projects and
    2> There is no balance available to adjust on the invoice
    But I am not sure where to perform the setup mentioned on line 1 of setting up Create On Account Credit Memo option is enabled in Oracle Projects.
    Does anyone know about it ? Is it a profile option or setup on someother screen. Please help.
    Thanks
    Edited by: oracle_samba on Feb 14, 2013 6:16 AM

    Hi Dina,
    Any help on this?
    I found this info under RCD "ORACLE E-BUSINESS SUITE RELEASE CONTENT DOCUMENT Projects Releases 12.1 and 12.2 (inclusive of 12.0.2 – 12.0.7)"section 3.2.3.1. On Account Credit Memo Creation on page 6.
    Thanks
    :-)

  • 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.

  • Get credit memos to print on Dunning Level - All Print layout

    Greetings,
    I am wondering why credit memos do not show on the dunning level - all print layout.  If I click on the edit icon it lists credit memos within here and it looks like they should print, yet when I run the wizard and I have a customer with a credit memo on their account it does not show on the statement printout.  Any ideas?
    The only clue is on the dunning recommendation report all outstanding invoices get flagged to dunning level 1 whereas the credit memo stays at level 0.
    Thanks for any help you can give.
    Aaron

    The reason behind - might be an outstanding functions need to be developed later or a bug.  Only if the link is there, you may print them out.  This is a fixed PLD that you don't have any controls.
    Thanks,
    Gordon

  • Mass change of pricing date and billing date in credit memo request

    Hi,
    Can i change the billing date pricing date on credit memo request docs using MASS transaction?
    If i enter the regular sales order number it prompts me to change the value but if i enter the credit memo request doc number,the message "No data meets the selection criteria" is displayed.I also checked with IDES ,message is the same
    Is there any different way to do mass change for credit memo requests or am i missing something here.
    Please Suggest
    Thanks
    Abhilash Nayak

    Hi,
    Go to the transaction code MASS  and enter the OBJECT  TYPE as BUS2032 and enter
    It will lead you to the next screen where you can find the  Table and Field TABS
    Select the  SALES ORDER HEADER DATA  and choose the fields data and choose the fields PRICING DATE and BILLING DATE  and execute
    In the subsequent screen you can see the selection screen where you can enter all the Sales documents for which you want to change
    Key in all the documents and execute
    Now change the date as per your requirement and check the effect
    regards,
    santosh

  • Sales Credit Memos, Payment terms and due date for payment

    Hello all,
    does anyone out there know how to get the terms of payment assigned to sales credit memos taken into account when the due date for payment is calculated in the accounting document?  (I know this is a bit puzzling as why should one need payment terms for a credit memo)
    I have looked at SAP notes 17410 et al..but remain unclear re how 'V' is populated in BSEG-REBZG.

    Number of the Invoice the Transaction Belongs to
    For line items which are related to another line item, this field contains the number of the partner document.
    Use
    In the standard system the field is used for:
    o   Credit memos which refer to a particular invoice item
    o   Subsequent invoices for an invoice item
    o   Partial payments for an invoice item
    o   Partial clearings of down payments.
    In the first two cases mentioned, the terms of payment are copied from the cross-referenced invoice item into the item currently being processed. This ensures that items due on the same date are paid together by automatic payment.
    A special rule applies to credit memos which have a "V" in this field.  The due date is determined in the same way as for an invoice. If the field is empty (containing neither a document number nor a "V") the due date is the baseline date for payment.

  • Credit memo billing document

    Today we came to know that system not generating the credit memo billing doc # & accounting doc # for those credit memo order raised on 24th march. approx 42 credit memo order raised.
    Actually once the credit memo order created in the system w.r.t original sale billing doc # then system will automatically generate the corresponding credit memo  billing doc & accounting doc thru system batch job but here for those 42 credit memo order raised yesterday the corresponding credit billing doc not generated till now by the system automatically.
    Can anyone suggest the cause

    Hi,
    Goto SM37, Give the JOB name and user name as  * and execute.
    Check the job and then click on Job Log to see the log of the job.
    you can also check on the spool icon if you see a page like icon next to the job

  • How AR Credit Memos created in iReceivables linked to an AR Invoice

    Hi to All,
    We are looking to find out when a credit memo (dispute) is created in iReceivables and linked to a invoice in AR. What is the main table that links or shares data for the credit memo being applied to the invoice.
    Any help would be greatly appreciated.

    Hi,
    The table name is AR_RECEIVABLE_APPLICATIONS
    Receivables uses the AR_RECEIVABLE_APPLICATIONS table to store the mapping of the credit memo to the invoice being credited. The payment_schedule_id and customer_trx_id columns contain the credit memo data, while the applied_payment_schedule_id and applied_customer_trx_id reference the original invoice. If the credit memo applies to an invoice with multiple payment schedules, a record is inserted into AR_RECEIVABLE_APPLICATIONS for each payment schedule of the invoice. The code_combination_id column, which is not shown, stores the receivable account of the invoice. However. when the transaction is posted to the general ledger it posts as two distributions. One entry is posted to the receivable account of the credit memo, as it is stored in the RA_CUST_TRX_LINE_GL_DIST table, and the other entry is posted to the receivable account of the invoice, as it is stored in the RA_CUST_TRX_LINE_GL_DIST table.
    For a standard credit memo, the receivable account of the credit memo is debited, while the receivable account of the invoice is credited. Normally, the receivable accounts will be the same, but this process permits the flexibility of using a unique receivable account to record your credit memos.
    Regards,
    Raju.

Maybe you are looking for