Credit note generation

  1. Select the invoice line on the Invoices tab in the Invoicing 360 (cisli3600m000) session, if already not selected and click Direct Process. The credit note is generated.
  2. Finalize the accounting batch of the credit note using the Global Selection of Batches for Finalization (tfgls1210m000) session. The journal reports are printed.
    Note: The generated credit note displays the net amount without the localized taxes. This requires a correction to the financial document.
  3. Click New on the Transaction Types tab in the Transactions (tfgld1101m000) session and select ARR in the Transaction Type field (with a Transaction Category of Sales Correction and Transaction Subcategory of Correction).
  4. Click Go to Details for the ARR transaction type. The Sales Invoice Corrections (tfacr2110s000) session is displayed.
  5. Search the generated credit note and update the amount considering the localized taxes in the Sales Invoice Corrections (tfacr2110s000) session and click Save.
  6. Review the generated journal entries displayed in the Transactions (tfgld1102m300) session.
  7. Select the transaction type (ARR) for the sales corrections on the Transaction Types tab in the Transactions (tfgld1101m000) session and click Finalize.
    Note: If the accounts receivable document is not settled in Financials, the document must be linked to the credit note generated by the return process.
  8. Click New on the Transaction Types tab in the Transactions (tfgld1101m000) session and select ARA in the Transaction Type field (with a Transaction Category of Sales Correction and Transaction Subcategory of Assign Credit Note).
  9. Click Go to Details for the ARA transaction type. The Business Partner – Credit Notes - Search window is displayed to search the credit notes generated for the business partner.
  10. Specify the business partner and the credit note and click OK. The Business Partner – Credit Notes (tfacr2120m000) session is displayed with the credit notes linked to the business partner.
  11. Select the credit note for which the Payments by Schedule check box is not selected and click Actions > Assign Invoices to Credit Notes. The Link Credit Notes to Schedules (tfacr2122m000) session is displayed.
  12. Specify the amount to be linked in the Linked Amount in Invoice Currency field and click Assign Credit Note. The Document Numbers (tfcmg2114s000) session is displayed.
  13. Specify the series in the Document Series field and click OK. The document number is generated and the credit note is assigned to the invoice document.
  14. Access the Accounts Receivable 360 (tfacr2560m000) session and select the business partner. The business partner related data is enabled in the header section.
  15. Click Invoices by Payment-related Documents in the Payments section. The Invoices/Documents by Receipt-related Documents (tfacr6501m000) session is displayed.
  16. Verify that the Balance (Invoice Currency) is 0.00. This indicates that the balance is finalized.