Hi All,
I have a issue on reversal of Import Duty provision..when GR is done for Imports the Import Duty Provision is posted to GL..there are some old provisions in this GL which needs to be reversed because there is no requirement of these provisions in the books..
For these GR's already MIRO has been done, payments to vendors are also been done and also materials has been consumed..therefore we are not in a position to reverse Material documents..
Now the issue is how to reverse these provisions? Is there any T Code for reversing automatically/manually these provisions..
Appreciate quick response on this since it is an Audit issue..
Thanks in advance.
Regards,
Sree