Credit memo on billing posted to accounting

[Former Member]

Hi...

If I wanted created a credit memo on billing that already posted to accounting, do I need to cancel the billing first? This billing posted to acct on the previous closed fiscal year.

Tq

Henery

[Former Member]

Hi Henery

It is not required to cancel the Biling document even if it is done in the previous period.

But, you have to see whether your organisation follows Release procedure(approval step) or not.

If your organisation does not follow release procedure then you can create the Credit memo directly refering the Billing document.

But if your organisation follows Release procedure then, first you have to create a Credit memo request (Credit memo request can be created with ref to Sales order, Billing doc or even without ant ref).

From this Credit memo request you can create a Credit memo.

[Former Member]

hi,

No not required to cancel the billing document, even though the billing document belongs to last financial year, you can create a credit memo now without cancelling the invoice

regards

sudhakar