Terms of Payments in Credit Memos

Hi All:
Please help me solve this problem.
The Credit Memo has a due date of 30 days and the Invoice reference field id blank.(No Invoice number or V).
Will the document be posted with the invoice having a due date of 30 days or will the system throw an error?
Your response is highly appreciated.
Thanks
Krishna.

Hi,
The document (Credit Memo) will be posted with the net due date as payable immediatly. SAP picks the payment term setting only when invoice reference is filled or "V" is filled.
SAP will not through any error message.
Regards,
SNDer

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Terms of Payment for credit memo

Dear Friends:
I have created terms of payment (Z12). This has to be used in credit memo in customer - T.code F-27 .But in customer master, there is a different terms of payment.How can i use the newly created terms of payment(Z12) in T.code F-27.
The New Terms of Payment should be in the credit memo by default. Is there configuration settings by which the new terms of payment are selected by default?
Please advise.
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MSReddy

Hi MSReddy,
There should be a field in the customer master/company code data/payment transactions tab to enter the payment terms for credit memos.
If this is not displayed for your customer group check screen layout settings for customers.It might be supressed.
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Change terms of payment and credit limit

Hello, i need to change the terms of payment of a customer as well as his credit limit.
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IF CREDIT_CONTROL_FLAG = 'X'
AND SY-SUBRC = 0.
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Hi Guysis
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vendor down payments Automatic payment programme is possible or not
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srinivas

Hi,
rao
i understood your problem
we can do it in a different way.
i think you have a due amount and one credit memo..
if it is ok
then in F110
GO to proposal change and select first the invoice document and REALOCATE then change the bank details
for ex.
payment method      M
bank                        SBI
account                  curr
and press shift+F1
and go back
select second one that is credit memo
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there you can find the bank
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Hi Experts,
I have one client scenario.
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Hi Sravan
if you want invoice wise separate checks you have to enable the tick mark for separate payment for each ref in paying company codes at FBZP t.code.
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Apply Cash Payment and Credit Memo to an Invoice via DI API

Hi, All:
I would like to be able to create an invoice and apply cash and a credit memo to it which equals the total of the invoice. This will close out the invoice.
Does anyone out here know if this can be done through the DI API? If so, some sample code would be greatly appreciated.
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For those of you who are wondering, here is an example:
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                invoice.DocDate = DateTime.Today;
                invoice.DocDueDate = DateTime.Today;
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                invoice.Add();
                if(invoice.Add() != 0)
                    throw new Exception("Could not add invoice: " + company.GetLastErrorDescription());
                invoiceDocEntry = Int32.Parse(company.GetNewObjectKey());
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Credit memo payment term

hi,
in customer master, what is credit memo payment term?
what is the difference between credit memo payment term and terms of payment.
i read from F1 but still can't get it.
thanks
rgds

HI
In customer master we define a payment terms as well as Credit memo payment terms.
Like suppose we have for Customer with Payment term = Net 30 days (Z001)
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When we post an Invoice for this customer it will have Payment terms as Z001 i.e. net 30.
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Credit management and Terms of Payment

Hi
Can anybody throw some light on the role of Terms of Payment in .Credit Management.
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Dear sankar ravi,
Credit management
Purpose
Outstanding or uncollectible receivables can spoil the success of the company greatly. Credit Management enables you to minimize the credit risk yourself by specifying a specific credit limit for your customers. Thus you can take the financial pulse of a customer or group of customers, identify early warning signs, and enhance your credit-related decision-making. This is particularly useful if your customers are in financially unstable industries or companies, or if you conduct business with countries that are politically unstable or that employ a restrictive exchange rate policy.
Integration
If you are using the Accounts Receivable (FI-AR) component to manage your accounting and an external system for sales processing, Credit Management enables you to issue a credit limit for each customer. Every time you post an invoice (created in FI-AR), the system then checks whether the invoice amount exceeds the credit limit. Information functions such as the sales summary or early warning list help you to monitor the customers credit situation.
If you are using both the Accounts Receivable (FI-AR) component to manage your accounting and the Sales and Distribution (SD) component for sales processing, you can also use Credit Management to issue credit limits for your customers. You can make settings in Customizing to decide the scope of the check and at what stage in the process (for example, order entry, delivery or goods issue) a credit limit should take place. General information functions are also available for use with credit checks.
Features
If you are using both the SD and FI-AR components, Credit Management includes the following features:
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Do award points if you found them useful.
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Rakesh
P.S. you can send me a mail at my mail id [email protected] for any specific details

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Hi,
I haven't found any question about payment of credit memo to the customer via transaction F110. There is a error message Payment with currency EUR, payment method: No valid payment procedure appears. On the customer and in FBZP there are ok data.
The problem is I think in the sales invoice, where I don't se the payment method.
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i solved the problem by myself

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Dear all,
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Best regards

Hi Raghu,
Have a look at the following link : [Data Exchange for Complaints: SAP CRM - SAP ERP|http://help.sap.com/saphelp_crm70/helpdata/en/2e/b0da18dbe84ed9bdff9a5d6d91f531/frameset.htm]
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Reg: Two credit memo for one credit memo request

HI expert,
The requirement here is related to warranty, payment thru credit memo, partial payment 90% first 10% after receipt of some required documents.
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regards,
santosh

Manualy applied Credit Memo

I am not sure if this is the correct form for this question, but I will start bey asking it here.
I am creating a statement using the SDK/VB.net. I am trying to show Open Invoices with partial payments
or Credit memos applied againstthe Invoice. I understand how to join the tables (ORIN & RIN1) for a Credit Memo
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Could some one point me in the direction of what tables are updated to Join a Credit Memo to an Invoice if Internal Reconcilation is used to Apply a Credit Memo to an Invoice? And is there any documentation to explain the relationship?
And if this is not the correct forum, please point me to th ecoprrect forum or this question!
Thanks in advance!!
Dana

Dana,
Sound like you are doing SDK. If that is the case, post is on SDK forum. In general, it would better to do this reconciliation in UI.
Thanks,
Gordon

Manually applied Credit Memo

I am not sure if this is the correct form for this question, but I will start bey asking it here.
I am creating a statement using the SDK/VB.net. I am trying to show Open Invoices with partial payments
or Credit memos applied againstthe Invoice. I understand how to join the tables (ORIN & RIN1) for a Credit Memo
that the system applied to and Invoice(s) but Credit Memos that are applied using the Internal Reconcilation are joined differently.
Could some one point me in the direction of what tables are updated to Join a Credit Memo to an Invoice if Internal Reconcilation is used to Apply a Credit Memo to an Invoice? And is there any documentation to explain the relationship?
And if this is not the correct forum, please point me to the correct forum or this question!
Thanks in advance!!
Dana

Hi Dana,
What version of SBO are you using? The reconciliation process has changed significantly between versions 2005 and 2007 so the query requirements are quite different.
For 2007A, the ITR1 table contains details on any matching that's been done. The SrcObjType column holds the transaction type (13 for an AR invoice and 14 for a AR Credit Note) and SrcObjAbs holds the DocEntry.
I had to write a statement in Crystal for a client who had multi-currency business partners and who used down-payment invoices. It was impossible to use a single query to generate the data so I ended up writing a stored procedure to collate the data. This used the JDT1 table to get a list of transactions on the BP's account and then used the ITR1 table to work out how much of each document was still outstanding.
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P.S. There will be people on this forum who can help you. The most suitable forum for this type of question is the reporting forum:
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Credit Memo - Terms of Payment Default

My earlier post received no response, so I am posting again,
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Hello,
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Terms of Payments in Credit Memos

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