What is subsequent credit in SAP SRD-SRM-SI - SRM-Supplier Invoicing?

SAP Term: subsequent credit

• Component: SRD-SRM-SI

• Component Name: SRM-Supplier Invoicing

• Description: A follow-up document that refers to a posted invoice or credit memo and that increases the credit on the credit memo or reduces the debt on the invoice.

Smart SAP Assistant

• Key Concepts: 
  Subsequent credit is a type of payment in SAP Supplier Invoicing that is used to correct an invoice that has already been paid. It is used when the supplier has overcharged or undercharged for the goods or services provided. The subsequent credit is issued to the supplier and the amount is deducted from the original invoice. 
  
  How to use it: 
  In SAP Supplier Invoicing, subsequent credits are created in the same way as invoices. The user must enter the supplier’s details, the amount of the credit, and any other relevant information. Once the credit has been created, it must be approved by an authorized user before it can be processed. 
  
  Tips & Tricks: 
  When creating a subsequent credit, it is important to ensure that all of the information entered is accurate and up-to-date. This will help to ensure that the credit is processed correctly and that any discrepancies between the original invoice and the subsequent credit are resolved quickly and efficiently. 
  
  Related Information: 
  For more information on subsequent credits in SAP Supplier Invoicing, please refer to SAP’s online documentation at https://help.sap.com/viewer/product/SRM/7.0/en-US/f9f8d3a2b6c14e8a9f3d7c2b5f9e4d1a.html