What is collective credit memo in SAP SRM-EBP-INV - Invoicing?

SAP Term: collective credit memo

• Component: SRM-EBP-INV

• Component Name: Invoicing

• Description: Credit memo with purchase order reference that refers to multiple purchase orders.

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• Key Concepts: 
  A collective credit memo is a type of invoice document used in SAP SRM-EBP-INV Invoicing. It is used to process multiple credit memos at once, which can be used to correct errors or return goods. The collective credit memo is created from a list of individual credit memos and can be used to process multiple invoices in one transaction. 
  
  How to use it: 
  To create a collective credit memo, the user must first create a list of individual credit memos. This list can be created manually or imported from an external system. Once the list is created, the user can then create the collective credit memo from the list. The collective credit memo will contain all of the information from the individual credit memos, including the customer name, invoice number, and amount due. 
  
  Tips & Tricks: 
  When creating a collective credit memo, it is important to ensure that all of the information is accurate and up-to-date. This includes verifying that all of the customer information is correct and that all of the amounts due are accurate. Additionally, it is important to ensure that all of the individual credit memos are included in the collective credit memo before submitting it for processing. 
  
  Related Information: 
  For more information on collective credit memos in SAP SRM-EBP-INV Invoicing, please refer to SAP Help documentation or contact your local SAP support team.