Credit Invoice 

Definition

In Argentina, companies may be required to issue a credit invoice along with the standard invoice, to assist them in receiving payment from their customers. In Spanish, it is called Factura de Crédito. By signing and returning the credit invoice to their vendor, customers accept the credit invoice as the means of payment (which is processed as a bill of exchange payment).

Structure

The credit invoice contains the following information: gross invoice amount, credit invoice amount, credit invoice installment number (if applicable), issue date of the credit invoice, due date of the credit invoice, and an internal credit invoice number.

When a vendor issues a credit invoice, the system assigns it a credit invoice number. Once a customer returns the signed credit invoice and the issuing vendor posts its receipt, the system assigns it a credit invoice receipt number.

Integration

Day-to-Day Activities

As a vendor, you issue credit invoices; and as a customer, you need to process those credit invoices you receive and accept.

Note that to issue credit invoices, you must use the Sales and Distribution (SD) application component. All other parts of the processing occur in Financial Accounting (FI).

Reporting

You can prepare:

·        A list of all credit invoices you have issued using the Credit Invoice List program

·        A list of all credit invoice receipts you have issued using the Extended Bill of Exchange with ABAP List Viewer program (see Displaying Credit Invoice Receipts)