Summary on Subsequent credit process in SAP

Subsequent credit in SAP

Business scenario 

Vendor send wrongly a invoice of 120 USD but actual value is 100USD

So vendor send a credit memo of extra 20 USD

U enter the (vendor credit memo)  as Subsequent credit .

What will happen

And it will reduce the amount by 20 USD .

Points

1.subsequent debit/credit arises if a transaction has already been settled, and a extra  invoice or credit memo is received afterwards.

2.In this Total Invoice Value – changes ,Value based update

             Total qty  - No change , No qty based update

3.u enter subsequent debit – vendor invoiced you low and send second invoice

4. u enter subsequent credit – vendor billed u extra and then send credit memo for extra amnt.

5. If you enter a subsequent debit/credit, the system suggests the entire

invoiced quantity, but no value.( u need to enter value )

6. A subsequent debit/credit cannot refer to a particular invoice.

7. Subsequent debits and credits are listed separately in the PO history.

8. When you post a subsequent debit/credit, the system posts the invoice amount to the vendor account.

For purchase order items with account assignment, the system makes the offsetting entry to the consumption account.

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