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author's profile photo Former Member
Former Member

Automatic Credit Note generation during billing

Hi,

How automatic credit note is generated during billing where document type is RV ? During Billing i.e, sales invoice accounting document type become RV and accounting entries are :-

01 Customer A/c

50 Revenue A/c

50 Service tax payble A/c

50 Educatio Cess A/c

50 HEeducess A/c

If there is VAT/CST it become credit.

But two invoice documents are generated as doc type RV and accounting entries are :-

11 Customer A/c

40 Revenue A/c

40 Service tax payble A/c

40 Educatio Cess A/c

40 HEeducess A/c

In case of Credit note we can pass this entry through doc type DG. But during billing how automatic credit note is being generated ?

Regards,

Anindita

Edited by: ARoy1000 on Aug 24, 2009 3:26 PM

Edited by: ARoy1000 on Aug 24, 2009 9:52 PM

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 25, 2009 at 04:54 AM

    Hi

    Please check and confirm whether those values in billing document are negative or positiive?

    If positive then it's FI configuration problem. Else it's ok.

    try and revert

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    • Former Member Former Member

      Hi Yadav,

      In case of Credit note we can pass entry two ways are i) From Accounts by passing manual accounting entries if there is different of amounts and ii) direct generating credit note automatically after sales order istead of billing if there is shortage of quantitiy. Here Revenue accounts will be positive and Customer negative. In my case credit note has generated automatically after sales order instead of creating billing document which has posted directly as standard RV document type. I have one doubt there is no dfference in quantity. Whatever sales order quantity is raised same quantity has raised as Sales invoice. The user who generates normal sales invoice(billing) even he is very much doubt, instead of generating billing document how credit note is generated automatically where Revenue A/c, Service Tax A/c, Education and Higher Edu cess become Dr. How it is possible ?

      Regards,

      Samrat

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