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Former Member

Problem related to Customer return -Billing(Cenvat suspense account)

Dear all,

I am facing one problem related to accounting entry for suspense account not getting cleared against customer return.

We create sales order against customer return, inbound delivery & goods receipt against same. Then billing document is created against return sales order. Accounting entry is generated in background as follows.

Revenue account -Debit entry

Cenvat Suspense account-Debit entry

Customer account- Credit Entry

It is ok upto here, but account dept. pointing out that, Cenvat suspense account is not getting cleared for customer return & how to clear pending entries against cenvat suspense account in system?

Plz. give solution to resolve this issue.

Thanks & Regards,

Mukesh Pardeshi

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3 Answers

  • Best Answer
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    Former Member
    Dec 30, 2009 at 04:10 AM

    Check this link,it will answer ur query,

    sales-return-delivery-process-wtih-excise

    Jeyakanthan

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  • Dec 25, 2009 at 06:40 AM

    It has to be manually knocked of via J1IH

    thanks

    G. Lakshmipathi

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    Former Member
    Dec 29, 2009 at 09:58 AM

    Hi,

    you have do it via J1IH only, If you want to add something into account then use Additional Tab, if you want to Deduct something then use Other adjustments tab & deduce particular amount from the account.

    Regards,

    Vijay.

    Edited by: Vijay kumar on Dec 29, 2009 4:59 AM

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