Answers were Sorted based on User's Feedback
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
|Is This Answer Correct ?||17 Yes||2 No|
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.
|Is This Answer Correct ?||11 Yes||0 No|
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
|Is This Answer Correct ?||7 Yes||3 No|
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.
|Is This Answer Correct ?||8 Yes||4 No|
"only 0.000 pieces are available" what does it mean during goods issue??
Explain batches. How would you search them?
i am doing sap mm,i have a question, do consultants copy n save from sap std.1000 in real time too
What is the sequence of master data uploading in sap mm?
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
What is an abc indicator?
What are the prerequisites of creating a purchasing info record?
Explain mrp type
Explain the importance of the batch record?
What is ean?
What is mrp (material requirement planning) and what is the transaction code to access mrp list?
How do you display a list of all reservations in the system?