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If LIV and Payment To Vendor Is Done Then

This document outlines the procedure for returning stock to a vendor in SAP. It describes two scenarios - if the last invoice and payment to the vendor has been done, or if it has not been done. The key steps are to create a returns purchase order, do a goods receipt for the return, create an outgoing excise invoice to reverse the CENVAT amount, post and print the excise invoice, and generate a credit memo. The accounting entries are also provided.

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Rahul pawade
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54 views2 pages

If LIV and Payment To Vendor Is Done Then

This document outlines the procedure for returning stock to a vendor in SAP. It describes two scenarios - if the last invoice and payment to the vendor has been done, or if it has not been done. The key steps are to create a returns purchase order, do a goods receipt for the return, create an outgoing excise invoice to reverse the CENVAT amount, post and print the excise invoice, and generate a credit memo. The accounting entries are also provided.

Uploaded by

Rahul pawade
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Procedure to return stock to vendor

hi no need to create pr for returns as u r going to return it


If LIV and Payment to Vendor is done then
1. ME21N - Create a Returns PO (Activate "Returns" indicator for PO line item)
2. MIGO - Goods Receipt > Purchase Order (Returns PO) (Here system will hit Mvmt type "161"
and you can also select Un-restricted/blocked stock from where you want to return the stock)
3. J1IS u2013 Excise Invoice Other Movements
Here click on u201Ccreateu201D button to create an outgoing excise invoice and reverse the
CENVAT Amount.
Here put all details as below and Press u201CEnteru201D.
Ref.doc.type - MATD
Doc Number - Material document No of 161 mvmt
Doc Year
Series Group
Excise Group
Vendor
Here check BED, ECS and SECess values to be reversed and click on u201CSaveu201D button
to post the excise invoice.
4. J1IV - Post and Print Outgoing Excise Invoice.
5. MIRO - Credit memo w.r.t. Returns PO.
If LIV and Payment to Vendor is not done then
1. MIGO > Return delivery > Material Document (Here refer GR doc, system will determine mvmt
type "122" automatically)
2. J1IS u2013 Excise Invoice Other Movements
Here click on u201Ccreateu201D button to create an outgoing excise invoice and reverse the
CENVAT Amount.
Here put all details as below and Press u201CEnteru201D.
Ref.doc.type - MATD
Doc Number - Material document No of 161 mvmt
Doc Year
Series Group
Excise Group
Vendor
Here check BED, ECS and SECess values to be reversed and click on u201CSaveu201D button
to post the excise invoice.
3. J1IV - Post and Print Outgoing Excise Invoice.
4. MIRO - Credit memo w.r.t. Orignal PO.
if it is in exchange then u can just follow the above process and then agin do the normal
procurement process
(if ur outof india then u can ommit the steps of J1IS and J1IV)
accounting will be as follows
At the time of Vendor Return (MIGO);
Stock A/c - Cr
GR/IR Clearing A/c - Dr
Excise Invoice for Vendor Return (J1IS & J1IV);
CENVAT Receivable A/c - Cr
CENVAT Clearing A/c - Dr
At the time of Credit Memo (MIRO);
Vendor A/c - Dr
GR/IR Clearing A/c - Cr
CENVAT Clearing A/c - Cr

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