SAP Account Payable – Vendor Credit Memo Entry

November 16, 2009 by mySAP
Filed under: Account Payable Process 


Common Business Requirement to the process of processing non-PO vendor credit memos.

Non-PO credit memo will be posted in the SAP Account Payable (AP) module. Depending on the standard operating procedure within the country, the credit memo will first be parked and only posted upon approval/ review, or directly posted.

If there are many items on the credit memo, the fast entry function provided in SAP should be used.

 

Design

Posting of credit memo creates an open debit item on the vendor account. Credit memo offsets the amount payable to the vendor and both the invoice and credit memo will be cleared during payment process.

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One Comment on SAP Account Payable – Vendor Credit Memo Entry

  1. SAP Business Blueprint – Accounts Payable | mySAP Tutorials , Training , Helps on Mon, 16th Nov 2009 8:06 pm

    2. [...] Vendor Credit Memo Entry [...]

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