Issue with Stock Transfer

[former_member1278929]

Hello Sap Gurus,

   We are doing stock transfer . Here we are passing J1IS at the time of passing excise via Movement type 351 .Accounting document is passing as under :

RG23A                               5000

ECess on Purchase               110

S.ECess on Purchase               55

            To Modvat Clearing                    5000

             To Modvat Clearing                    110

               To Modvat Clearing                    55

Our client requires entry should be

RG23A	5000
ECess on Purchase	110
S.ECess on Purchase	55

	To Modvat Clearing	5165

Please let me know if any missing in configuration as modvat clearing account is coming in multiple line items.

I am attaching the configuation screenshot of OTHR

regards

Sap fico

[Former Member]

Modvat clearing account is one or you have multiple?

[former_member1278929]

One only

[former_member1278929]

Hi,

Please provide an solution to this.

Regards

[former_member192897]

This is a Standard Behaviour. Check with your Excise / Finance department once and confirm how the want the entry.

[former_member1278929]

Hi Ashok,

I have checked with them. As this is a stock transfer they want to pass the entry in intracompany so they pass in interunit reconciliation account.

RG23A                         Dr.     5000

Ecess on purchase       Dr.     110

S.Ecess on purchase     Dr.     55

               To Branch ( Earlier Modvat Clearing)     5000

               To Branch ( Earlier Modvat Clearing)     110

               To Branch ( Earlier Modvat Clearing)     55

There are two requirement with them :

1. First above entry should be

RG23A                         Dr.     5000

Ecess on purchase       Dr.     110

S.Ecess on purchase     Dr.     55

               To Branch ( Earlier Modvat Clearing)     5165

2. Second one entry which should be passed with this entry

Branch ( Earlier Modvat Clearing)     5165

          To Excise Liability                               5165

Please share the details/configuration/exit that can above requirement achievable .

Thanks in advance, would be happy to share more inputs if required.

Regards

[former_member192897]

If you use Suspense GL account then only it has to be cleared subsquently through Excise JV.

Please share the account entry for J1IV as per your requirement with GL accounts and amounts.

[former_member1278929]

Hi Ashok,

I have already shared the accounting entries in the above.

At present J1IV entry is

RG23A                         Dr.     5000

Ecess on purchase       Dr.     110

S.Ecess on purchase     Dr.     55

               To Branch ( Earlier Modvat Clearing)     5000

               To Branch ( Earlier Modvat Clearing)     110

               To Branch ( Earlier Modvat Clearing)     55

There are two requirement with them :

1. First above entry should be

RG23A                         Dr.     5000

Ecess on purchase       Dr.     110

S.Ecess on purchase     Dr.     55

               To Branch ( Earlier Modvat Clearing)     5165

2. Second one entry which should be passed with this entry

Branch ( Earlier Modvat Clearing)     5165

          To Excise Liability                               5165

Thanks in advance

Rgds

[former_member192897]

Point no 1 is already working for your scenario. Only thing is you are getting seperate lines for Modvat clearing account for BED, ECS and SEcess accounts. You may want to have a single entry for the same. Please confirm.

If you use Suspense GL account instead Modvat clearing account, you can pass a Excise JV later as per your requirement. Check with your FI consutlant.

[former_member1278929]

For Point no. 1 Yes.

For Point no. 2  This is true we definitely pass the entry through Excise JV later . But as per business requirement , Following entry should be passed with 1st entry so as to minimize the work on the user.

Branch ( Earlier Modvat Clearing)     5165

          To Excise Liability                               5165

Please advise.Thanks

Regards

[former_member192897]

You can do the JV activity on a Fortnightly basis or on a Montly basis. In case if you still want to have JV posted automatically while J1IV is posted then please speak with your programmer or abaper to write an enhancement for the same.

Please note that sometimes you may have to cancel the J1IV entry due to User mistakes and for some other reasons. In that case you will have to check the automation part so that the transaction twice for the same.

[Former Member]

If you have one Modvat account , then its a same account which your duties are cumulative.any how you will have entry against the same during credit.