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author's profile photo Former Member
Former Member

Classify condition types

Dear Friends,

I am having four different pricing procedures for Export /Domestic/Scrap and Adjustment (Credit and Debit memo pricing). Do I need to update the Adjustment pricing procedure as well under the Tax on Goods Movements > Condition-Based Excise Determination > Classify condition types?

Anyways, When I am generating the credit/debit memo, I am subsequently carrying out J1IH. But, do I need to update the Adjustment pricing procedure as well Pl clarify?

Thanks

Isaac

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3 Answers

  • Posted on Oct 30, 2009 at 11:48 AM

    In the "Adjustment pricing procedure" which you are using for Credit/Debit memo requests, you should have Excise Condition types assigned to it. So that balancing G/L account i.e. Cenvat Suspense a/c.

    Where as for these kind of invoices you are adjusting excise entries in J1IH & entering duty values manually, then there will be no need to assign Excise Conditiont types in adjust pricing procedure in CIN Configuration of "Classify Condition types".

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 30, 2009 at 02:06 PM

    Dear Issac,

    Are you creating the debit memo/credit memo as SD billing document with adjustemnet pricing procedure? If so then corresponding excise accounting is to be performed . So excise condition types for BED, CESS , HE CESS are to be included in that pricing procedure.

    Now if you use J1is for excise JV then how syhstem will understand that which excise JV is created with reference of which debit memo? There will be no automatic tracking . For credit memo it is OK.

    For the case of debit memo you have to create another proforma invoice copied form that debit memo and hence perform J1iin for supplementory excise invoice generation from that proforma . Then corresponding excise accounting will correct and it will come under excise utilisation (J2iun).

    Hope i have answered in line of your requirement . If not then please explore in which area the problem is arising.

    excise accounting after debit memo posting.

    party account Dr

    excise provision Cr

    After J1iin

    Excise provision Dr

    ED payable Cr

    After Excise Utilisation

    ED payable Dr

    RG23 Cr

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 11, 2009 at 04:40 AM

    yes

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