Rebate - Credit Memo Cancelled after Rebate is Finally Settled

[Former Member]

Hi Friends,

Request your inputs on the correct way to handle the following scenario:

A Rebate had been finally settled on14.08.2011. The Credit Memo which was created for the final settlement on the same date 14.08.2011 has been cancelled later on 16.09.2011.

This has been done because we realized later that we do not want to give the credit to the rebate recipient. In this scenario; we have an open amount in the rebate because of the cancellation of the credit memo.

Please give your inputs on the following:

1) As per the standard SAP Process; Is it correct for a rebate to have an open amount after its final settlement has been done ? Is it correct to leave the Credit Memo Request in Open Status and NOT Bill it again ?

OR

2) If we again bill the Credit Memo Request ; we end up giving the credit to the rebate recipient; how would you suggest to reverse this accounting ?

OR

3) Any Other Option to handle this scenario ?

Looking forward to your valuable inputs

Thanks & Regards

Edited by: Csaba Szommer on Dec 24, 2011 10:57 PM

[Former Member · Accepted solution]

Hi,

Maintain reason for rejection for that credit memo,then it won't show as open.

Ram