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Former Member

Intercompany Debit Note

Hello Peers

My client has come up with a peculiar requirement ( one of many lately ! )

For an intercompany sale process , they  required proforma invoices before goods issue of the intercompany sale invoice and the intercompany stock transfer invoice for customs purposes . I have catered for this using the intercompany proforma invoice.

Now the twist to the tale is they need a proforma invoice for the Intercompany Debit Note before actual Goods Issue.The intercompany debit note is created with reference to intercompany debit note request which in turn is created with reference to the Intercompany sale invoice ( IV ).

Has anyone come across this before? Chances are yes for European clients with manufacturing facilities outside Europe .

Thanks in advance for help.

Regards Hari

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3 Answers

  • Best Answer
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    Former Member
    Jun 25, 2013 at 09:15 AM

    Hi Hari,

    Please try to go ahead and create copy controls betwen your Intercompany Debit note request and Proforma Invoice. There is no problem in creating the same as it will not have any impact from a financial perspective.

    Regards

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    • Former Member Former Member

      Hello

      Thanks Raj for the tip.

      I was able to solve the problem by creating copy control from IC proforma to debit memo request. This allows me to create debit memo before goods issue. Although it posts to accounting but I can configure a posting block for the intercompany debit memo or put a posting block for the individual document while creation. It can then be released to accounting after goods issue and creation of F2 and IV invoices.

      Thanks Hari

  • Jun 30, 2013 at 07:12 AM

    Hari,

    Thank you for this thread!

    Your company is creating a billing document (F2) and also creating a debit memo (L2). Is it for the same sale?

    In other words, are you billing the customer twice, for the same material?

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    • Former Member Typewriter TW

      TW

      1. Yes it is a standard intercompany sale process , the deviation being it is a 2 step process.

      2. The customer under US sales org is the end customer.

      3.Yes Malta is the internal Intercompany Bill  to in this transaction.

      4. The goods are ordered by US with a sales order created for the end customer under US sales org.

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    Former Member
    Mar 16, 2014 at 02:52 AM

    Dear Lakka Raju,

    This Business Process is very much in Practice in Global Trade. In International Trade, this is very well known as Switch Bill of Lading or Cross-Trade

    Brgds

    DS Rajan

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