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Former Member
Mar 11, 2010 at 12:20 PM

Exice duty Inclisive

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Hi

I have one scenario in which i have to show that sales price is inclusive of excise duty and i want to post excise duty to recover account and sales price Minus excise duty to revenue account

EG. Rs 100 I am charging to customer and in that suppose RS 10 is excuse duty.

posting should be like this

100- to customer accout

10-excise accout

90- to revenue accout

Regards

sandeep