Difference between G2 nd RE billing type

[Former Member]

Hi

can any one explain me the difference between RE billing type ( Credit for return ) and G2 billing type ( credit memo ).

Thanks

siddharth

[former_member266852 · Accepted solution]

Hi there is basic difference.

RE = Basically it is on the returned of the material, when we send some access material to client which he dont accepted at that time we have to return the material from customer site, the value of returned material need to give credit to customer

(basically we give credit to customer only returned mateiral)

G2= Credit memo == when we access bill to customer or we overcharged at that time we need to give credit memo to customer

Hope u clear

if helpful then give points

[former_member204513]

Dear Siddharth,

The RE -Returns creditmemo used when the company recieves the return goods from the customer.

In this scenerio Return order will be created with reference to the invoice,after creation of returns order return delivery will be created with reference to the returns order.Finnaly Return creditmemo RE will be created to settle the amount to the customer.

The G2-Credit memo will be used for the there is no any physical movement of the goods.

By mistaken company charged extra amount on the delivered goods to the customer ,the credit memo request will be created with the reference to invoice then credot memo will be created with reference to the credit memo request.Here ther will not be any delivery involvement.

I hope this will help you,

Regards,

Murali.