SAP Financial Accounting (FI) Taxes (FI-AP/AR) Handling of Credit Memos

Use

This procedure shows you what happens if you post a credit memo against a vendor invoice. If you have already remitted the TDS from the invoice, the credit memo against that invoice is not considered at all for processing. Otherwise, the system calculates TDS for the amount stated on the credit memo and debits it from the TDS payable account.

Procedure

1. You post a credit memo, entering with the invoice number as the reference number.
2. You post the TDS in test mode.

The system displays a message, telling you to run the program in update mode.

3. You post the TDS in update mode.

The system makes the appropriate posting and displays the number of the credit memo along with the TDS posting document.