Quiz 46 (Subsequent Debits and Credits)

In the concept of subsequent debits and credits, in which of the following scenarios will you use a subsequent credit?

If you create a purchase order for 100 pieces of material ABC at $10.00 a piece and the vendor supplies you the complete quantity but charges you for $9.00 per piece in the invoice. When the error is rectified, and vendor sends you an additional invoice, which document will you use to make the posting?

If you create a purchase order for 100 pieces of material ABC and vendor supplies you only half this quantity and then invoices you for the whole purchase order quantity. Then, at a later date the error is rectified and vendor sends you a credit memo for the overcharged quantity, which quantity will the system propose when you want to make the subsequent posting?

When posting for subsequent debit and credit, the system proposes the previously invoiced quantity and value.

A subsequent debit or credit can be posted with reference to the following documents listed below.

Choose Two