Query regarding CreditMemo in SAP B1?

Hi Friends,
I have a query regarding SAP B1 Sales CreditMemo.
In Sales A/P CreditMemo,the Document status is Open or Close..
Whtat's the meaning of that?Is it related to Payments?
Please give me fine <b>idea about the CreditMemo DocStatus</b> present in ORIN.
Thanks in Advance
regards
Sooriyakala.P

Hi Sooriya,
It is not always related to Incoming Payments.  We are talking about A/R Credit Memo. 
1.  If the credit memo is based on an A/R Invoices, the Documents status will be Closed. No need for the incoming payments to close this document.
2.  If the credit memo is not based on any documents.  You will need to create an Incoming Payments to close this document.  But of course, credit memo means a negative amount so you must combine it with any a/r invoice to be able to create the incoming payments. 
Remember that all document which is Closed means that it is already paid or is based on any marketing documents.  Hoep this helps...

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