price difference

[Former Member]

hi,

kindly confirm the process in miro.

1) vendor give incorrect price in invoice which is higher than PO. i need to adjust the amount in PO reference to make it same as vendor invoice although the invoice amount is incorrect.

once i change the amount, the differences go to stock(merchandise) or price diff(raw).

2) when CN receive from vendor, i need to create subsequent credit with reference to PO. i need to change the amount to make it same like CN amount sent by vendor. correct?

original 1 piece $10 * 10 = $100.

due to incorrect price in invoice 1 piece $12 * 10 = $120

so CN is $20. in subsequent credit, the amount i need to change to $20,

3) is the double entry correct?

debit vendor $20

credit stock/price diff $20

thanks

[Former Member · Accepted solution]

Please check this link out for Price changes in MM

Hope this helps.

[MM - Material Price Change (MM-IV-MP)|http://help.sap.com/erp2005_ehp_03/helpdata/EN/47/60ff8149f011d1894c0000e829fbbd/frameset.htm]