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Former Member
May 17, 2010 at 11:25 AM

Rounding Off excise values for capital goods

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Hi,

We have a scenario as below;

Rounding routine 17 is assigned in tax procedure level for all excise condiions.

PO values;

This is for capital goods

Base value 15000

BED 10% 1500

ECS 2% 30

HECS 15

Now while posting J1IEX below accounitng entries will flow;

BED Cenvat Dr 750

ECS Cenvat Dr 15

HECS Cenvat Dr 7.5

Cenvat Suspense Dr 772.5

Cenvat Clearing Cr 1545

Now in this case, we would like to have rounded off values for below entries;

HECS Cenvat Dr 7.5 = 8

Cenvat Suspense Dr 772.5=773

Is it possible to have rounded off values for the above GL in J1IEX posting.

Please advise.

Thanks

SAMEER