How to Post Customer Credit Memo or Sales Returns – FB75.
Understanding: When sale of goods or services to customer (T code: FB70) and for some reason (like Damaged, perished, Over quantity delivered etc.) user may return the sold goods/services.
SAP Easy Access Path -> SAP Menu -> Accounting -> Financial Accounting -> Accounts Receivable -> Document Entry – Double Click on Credit Memo.
Check Transaction should be Credit Memo.
Header Data – Enter all the required details – Customer, Document Date, Amount, etc..
Line item Data – Give GL Account/s with amount, text, cost objects if applicable.
After enter all the required data and click on simulate.
Check the Accounting entry. (Check all the SAP FICO Accounting entries)
Click on save button.
Sales returns has been posted.
Other contents you may like:
- How to Post Customer Invoice (FB70) in SAP: Click here
- How to Display a FI Transaction (FB03) in SAP: Click here
- How to check the Customer open items in SAP: Click here
- How to check Customer account balance in SAP: Click here
- How to Post Manual Customer Payment in SAP: Click here
- How to Create Customer Master data in SAP: Click here
- How to Create Customer Business Partner in S4 Hana: Click here
- How to Define Payment Term in SAP: Click here
- How Create Dunning Procedure in SAP: Click here
- How to Create Credit Control Area in SAP: Click here
SAP FICO Configuration topics:
- SAP Finance Enterprise structure: Click here
- SAP Finance GL Accounting: Click here
- SAP Finance Accounts Payable: Click here
- SAP Finance Accounts Receivable: Click here
- SAP Finance Bank Accounting: Click here
- SAP Finance New Asset Accounting: Click here
- How to Create a Controlling area in SAP: Click here
- SAP Controlling – Cost Element Accounting: Click here
- SAP Controlling – Cost Center Accounting: Click here
Explained: How to Post Customer Credit Memo or Sales Returns – FB75.
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