Credit memo and subsequent credit

[raghavendra_praveen]

Can anybody tell what is the difference between a Credit memo and subsequent credit memo.

I am finding the impact of both on the PO as same.

[Former Member · Accepted solution]

Hi,

credit memo means initially debit the vendor (in SAP term vendor) credit.subsequent debit once we post the value and then only v know the posted value is wrong. take that Doc.no and then reduce the value that is called subsequent debit.

Regards,

Venkatesh

MM consultant

[raghavendra_praveen]

Thanks for answering and clarifying.

[Former Member]

Hi,

the easiest way of understanding what the difference between the two is to substitute the words "Value Only" for the word "subsequent".

So a subsequent credit is a VALUE ONLY credit. this means that the qty is unaffected but the value is changed.

Subsequent credits (and debits) are used when the invoice price was incorrect or the vendor has agreed to give you some credit due to a quality problem, but in these case the qty is unaffected.

A NORMAL credit involvesd a reduction in the qty being invoiced (where you have returned items to the vendor for example).

Steve B

[Former Member]

Hi,

The difference betwen them is that a credit memo quantity and amount are

affected but in subsequent credit only the amount is affected nor quantity.

For example.

You have in your po history.

GR amount quantity

x 10 10

IR (normal invoice)

x 10 10

Credit memo

x 5 5

Now you have invoice 5 amount 5 quantity

if you made a subsequent for per example

amount 5

in your po history you have pending

0 amount an 5 quantity

This quantity you must regularize with transaction MR11

Transaction mr11 only regularize quantities but not amounts,so for this is used

subsequent credit/debit.

I hope my explanation helps you now to understand the differences.

Best regards.

Antonio.