credit memo

[Former Member]

hai gurus

I sold 10 materials to customer 50001 at a price of Rs.150? But the actual cost of that material is Rs.130

How to create credit memo in this scenario?

Is there any reference document required?

tellme with example please and document flow also

durga prasad

[Former Member]

hello, friend.

please clarify, you want to credit your customer the amount of Rs 20 (difference of billied price and actual cost)?

if so, there are a few ways to do this, but i would use invoice correction. first, select the sales document type for invoice correction using VA01, with reference to your invoice. here, you will find two line entries (representing credit and debit) per line entry in the reference invoice.

delete line entries (in pairs) that are not relevant to your transaction. when only the relevant material remains, you will find that in the double line entry, only one is available for entry. all you need to do is enter the desired final amount that should have been billed to the customer.

remove billing blocks and save the invoice correction. now create the billing document using VF01. the difference will represent, as in your case, a credit memo.

regards.

[Former Member]

Hi Durga,

Since you have already charged 1500 to the customer instead of 1300, in that case you will have to create a credit memo request (sales document type) in reference to your sales order invoice.

This can be done in copy control for billing documents. (VTAF)

Once you create credit memo request you can now delete 13 lines against each material which you charged correctly. You are now left with only 2 material for value of 200 rs total.

Now save this document, make sure you dont have any billing blocks or order reasons for your credit memo request type. If you have just complete the document and save it.

Now go to VF04 and raise an invoice against your Credit memo request which will be your credit memo.

Save it, look at the accounting entries and you have now raised credit memo for rupees 200 for the customer.

Let me know if it helps.

Reward points for contribution if it does.

Regards

Ravi

[former_member206976]

Hi Durga prasad,

Go to va01 give sales document type CR (credit memo request) & create with reference of sale order or invoice give the difference price in item conditions.

create Credit memo (G2) in vf01 check the accounting entries

cheers

bvdv

[Former Member]

Hi,

You can Create Credit memo W.r.t Invoice or a credit memo request. of that Customer.....................

Regards

Luckky