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

I have total 4 years experience experience as SAP end user in Pharma ware hosue and mfg division , now iam looking to enhance my carrier, pls let me know which module is preferrable and which SAP institute is better to start my SAP course at bangalore

2 Answers  

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What is CR (change Request) & how it is working? what are stpes?

2 Answers   Infosys,

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How we create a new material type and how to assign G/L account to it ?

4 Answers  

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I have created schedule line for one PO that delivery date for some qty is for eg.20th of dec'09.but vendor delivered before that is it possible to post GR? AND actualy why we need to maintain scheduling agreements?

1 Answers   IBM,

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What is partner function & configuration

0 Answers   IBM,

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what is the difference between credit memo and subsequent credit memo

4 Answers   Aditya,

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How can we view the stocks provided to the vendor?

0 Answers  

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How is the mm module integrated with other modules of sap?

0 Answers  

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what is meant by production version?

1 Answers  

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Explain Steps of Scheduling Agreements JIT in Detail?

2 Answers  

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Explain the basic steps in configuring split valuation?

1 Answers  

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Explain about the SC with CIN? And Import PO with CIN?

1 Answers   Essar, Sabare, TCS,

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