SAP Material Management
Invoice Verification
Subsequent CREDIT
The Rational of Subsequent CREDIT is
After the supplier have already INVOICED use, we were displeased with the Quality or Services of what was delivered BUT we accept whatever delivered WITH a request for a DISCOUNT.
The QTY remain the SAME but the Value REDUCE.
The result is we have to PAY less.
A PO of 100 pc @ $10 / pc
Goods Receipt 100 x $10 = $1000
Invoice 100 x $10 = $1000
“V” Price Control
MAP $10
Total Stock 1000
Total Value $10,000
Expect the
Subsequent CREDIT
to
REDUCE the MAP and Total Stock Value
(QTY remain SAME)
Perform Subsequent CREDIT
Enter INVOICE date, press ENTER
Select Tax ID and Press ENTER
Enter the Purchase Order and press ENTER
This is the TOTAL INVOICE QTY at point of Subsequent CREDIT
We ask for a BIG discount of
$4/pc of the 100 pc supplier send. So total of $400 discount. We keep the Qty of 100 pc.
Expected Supplier INVOICE amount
Amount to be Discounted from Vendor.
Invoice matched
SAVE.
Invoice posted.
Subsequent CREDIT showed as - $400
Check Accounting Document
Debit Vendor $200 (reduce amount to pay to Vendor)
Credit Stock $200 (this will reduce the stock amount and hence decrease the MAP price)
QTY never change (just value increase)
(1300 x $10) - ($400)
-----------------------------
1000 + 0
= $12,600
$12,600 / 1300
= $9.69 / pc
Original Qty and Value before Subsequent CREDIT
QTY never DECREASE
only VALUE REDUCE
Subsequent CREDIT