Credit memos in RE-FX?

[sasikanth_reddy3]

Hello Gurus

Can any one tell in details about credit memo creation process and need to post transactions of credit memo.

Its very urgent...

Thanks in advance.

Regards

Sasikanth.

[Former Member · Accepted solution]

Hi,

There are two ways to do the same

(a) Attach re flow type 20 (decrease incondition) to your debit flow type, a credit posting will generate as soon as you change your existing condition amount, system considers this as a credit memo.

When you post, inovoice and print it you will see an indicator of credit memo in contract overview tab, invoices.

(b) credit conditions to credit customer, this does not relate to any previous condition

However in either case you cannot relate your invoice number to the credit note.

My best underdstanding in my current sceanrios

Regards

Veena

[Former Member]

Hi Sashikanth,

Create new condition type for credit, assign account symbols for Credit to Customer and Debit to revenue.

rgds,

Srini