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Difference between Credit memo and subsequent credit

All SAP Gurus,

In MIRO, what is the difference between Credit memo and subsequent credit?

Regards,

Former Member replied

HI

Credit Memo for eg. it can be used for vendor returns, Return delivery (via GRN) will be done and based on the PO and return delivery quantity, the credit memo will be raised and where as Subsequent credit don't need any reference, it can be any kind of adjustment to vendor payment directly.

Regards

Prasanna

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