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Former Member

Accounting of sales return

Hi Sd gurus,

I have an issue that when i do a sales return (billing - credit for return) the customer gets debited and sales account gets credited.How do i reverse it.so that the customer is credited and sales account is debited.correct me if i am wrong...

any specific settings to be changed...pls reply if u have faced the same issue...

warm regards and points awaiting for useful solutions,

Shruthi D seth

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3 Answers

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    Former Member
    Aug 21, 2007 at 06:04 AM

    Hi

    If you doing some Returns, you raise the invoive as credit for returns, durning this process: Customer account should be credited (B'cause he has already paid the invoice amount, if he returning some material, will given credit.)

    Company account will be debited, b'coz we are giving credit for the customer.

    Rewards if it helps

    Regards

    Prasanna R

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    Former Member
    Aug 21, 2007 at 06:07 AM

    Hi,

    check the values you are entering in your return order , is it getting entered with negative value , check condition type for same.

    Also take help of FI consultant and check correctness of posting keys.

    Vivek

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    Former Member
    Aug 21, 2007 at 06:14 AM

    Hi Shruthi,

    In Sales Return the Item category picked-up is REN. Also the Schedule Line category that will be determined will decide the Movement type for that material. Now go to Return Sales order and select the line item & select Schedule Lines. Here you will see the Schedule line category determined for the material. This schedule line category will determine the Movement type for the document. Now use T-code VOV6 and select the Schedule line category and look for details. Here you can see the movement type assigned to it. Change the movement type if required. (the Schedule line category will be determined based on combination of Item category + MRP Type).

    Check the above & revert if required.

    REWARD if it solves your issue!!

    Regards,

    Ajinkya

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