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Excise Invoice

Dear experts,

In B1 , any marketing document cancelled will reverse the same document and same GL' s but while cancelling incoming excise invoice ,system takes the outgoing excise screen and outgoing excise GL' s and vice versa happens .Due to this input cenvat credit and payable is wrongly affecting in the ledger,how to resolve this?

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  • Posted on Jan 02, 2015 at 05:48 PM

    Hi

    Input and Outgoing cenvat account is just a clearing account. You cannot use account for any credit input.

    Both cenvat account is clear when you raise the Purchase and Sales Invoice and as per Balance and Trail balance it will net off.

    Hope this will helpful.

    With Regards

    Balaji Sampath

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    • Hi Srii

      It is Standard SAP Functionality. But as per adjustment It will net off while taking the excise credit. If you feel wrong you make a Journal Entry as follows:

      Output Basic + Cess + Hscess is Debit

      Input Basic + Cess + Hscess is Crdit

      Incoming clearing Debit

      Outgoing clearing Credit.


      Check the your accounts team before made this entry.


      With Regards


      Balaji Sampath


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