Answer / johnson

when stocks are returned back to vendor after payment has
been made for that stock, then a credit memo is issued to
vendor stating that he is holding the payment made by us

Answer / srini

Scenario is like this, If you have raised a PO for an Item qty 100. For which terms and conditions with vendor says that the delivery will be made in 2 installments and when he sends first installment, he needs full payment for the PO. As per terms you paid total invoice amount to vendor. Now for some reasons you want cancel the rest of items delivery. Now, you have to raise a credit note stating the cancellation of order and request vendor to forward the credit memo. Once you receive credit memo you post it in the system, which will clear GR/IR accounts which was arise during full payment for the PO.

Answer / mahesh wagh

when Material is rejected in quality management at that
time we reject vendor material so we give less amount for
rejected amount at that time credit memo is created. It is
one type of Subsequent credit but Subsequent is creat at
the time of less quantity receipt or some mismatch quantity
case.

Regards,

Mahesh wagh.

Answer / satrajit chatterjee

If by mistake you have paid more to the vendor, then for
return that money back, in SAP system you have to rise an
cradit memo request to the vendor. if vendor accepts it,
then its converted to cradit memo. paralallay from vendor
side its debit memo request or debit memo. this cradigt
memo can be adjust by sending the fund back or adjustment
with next order payment.

Satra

What is the procedure to make the period indicator in the mrp2 view as “p”?

0 Answers  

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What is consignment stock?

1 Answers  

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How does the system determine the correct 'gl a/c' for a posting?

1 Answers  

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when i am creating info record:purch.organisation data 1:i am getting error make an entry in all required fields

8 Answers   Accenture,

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How do you set ‘automatic account assignment’ in mm?

1 Answers  

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What are the different sections in vendor master data?

0 Answers  

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What is the result of goods movement?

0 Answers  

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Explain control data for scheduling agreements.

0 Answers  

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Suppose u have ordered for 1000 pcs and u kept tolerances in mtrl as higher limit 10% and lower limit to 10%. By mistake vendor sent you 1200 pcs it won't allow to post post graduate.but you can't reject it as it is necessary for production ryt now..How to solve this.explain

1 Answers  

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What are the steps that are involved in consignment cycle?

1 Answers  

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What are the initial configuration steps for inventory management?

0 Answers  

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Can it be configured in such a way that the external requisitions can also be taken into account while MRP runs in consumption-based planning if VB is selected as MRP type?

1 Answers   Abeam,

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