Credit Memo Postings
We have purchased goods from Vendor but material quality is dis-satisfactory. Under such situation, we can reduce the amount or return the material to the vendor by issuing a debit note.
Document type : KG (Credit Memo)
Number range : 17 (how to define number range)
Document type KG and KA carry same number range
Path : Accounting - Financial Accounting - Accounts Payable - Document Entry - Credit Memo General (Transaction code is F-41)
Step 1) Populate the following fields: Document Date, Type, Company Code, Currency and Posting key.
Select the Vendor account from the drop down button
Press enter
Step 2) Populate the following fields: Amount, Business Area, Text, Posting key and Account.
Press enter
Step 3) Populate the following fields: Amount, Business Area and Text
Step 4) From the menu select document and press simulate to view the document details
Select save button
We get a message below
We have purchased goods from Vendor but material quality is dis-satisfactory. Under such situation, we can reduce the amount or return the material to the vendor by issuing a debit note.
Document type : KG (Credit Memo)
Number range : 17 (how to define number range)
Document type KG and KA carry same number range
Path : Accounting - Financial Accounting - Accounts Payable - Document Entry - Credit Memo General (Transaction code is F-41)
Select the Vendor account from the drop down button
Press enter
Step 2) Populate the following fields: Amount, Business Area, Text, Posting key and Account.
Press enter
Step 3) Populate the following fields: Amount, Business Area and Text
Step 4) From the menu select document and press simulate to view the document details
Select save button