What is return in SAP (SRD-SRM-SC - SRM-Sourcing and Contracting)?

SAP Term: return

• Component: SRD-SRM-SC

• Component Name: SRM-Sourcing and Contracting

• Description: To send a quote back to the bidder and ask for further clarification.

Smart SAP Assistant

• Key Concepts: 
  Return is a process in SAP SRM-Sourcing and Contracting that allows a buyer to return goods or services to a supplier. The return process is initiated by the buyer and requires the supplier to accept the return and issue a credit note for the goods or services. 
  
  How to use it: 
  In order to initiate a return, the buyer must first create a return request in SAP SRM-Sourcing and Contracting. The buyer must provide details about the goods or services being returned, including the quantity, reason for return, and any other relevant information. Once the return request is created, it must be approved by the supplier before it can be processed. 
  
  Once the supplier has accepted the return request, they will issue a credit note for the goods or services being returned. The credit note will be used to adjust the invoice amount for the goods or services being returned. 
  
  Tips & Tricks: 
  When creating a return request in SAP SRM-Sourcing and Contracting, it is important to provide as much detail as possible about the goods or services being returned. This will help ensure that the supplier can quickly and accurately process the return request. 
  
  It is also important to ensure that all relevant documents are included with the return request, such as invoices, packing slips, and any other documents related to the goods or services being returned. This will help ensure that all necessary information is included with the return request and that it can be processed quickly and accurately. 
  
  Related Information: 
  For more information about returns in SAP SRM-Sourcing and Contracting, please refer to SAP Help documentation at https://help.sap.com/viewer/product/SRM_SC/7.5/en-US