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May 11, 2011 at 06:24 AM

Credir Memo Scenario


Hi expert

i need to give a vendor credit memo after i send the material for scrap

scenario :

i procure a Packaging role i dont find any quality rejection when its check at quality dept, because we come know the material at the time of opening of packaging role at the time of production.

then we send the particular quantity for scrap, now in this case i dont do vendor return, because i have internal agreement with the vendor for the same.

For the same i would like to for credit memo for the vendor, because at the time of audit, it will show a liabilities.for FI dept