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Former Member

STO from excisable to non excisable plant

Hi friends,

Our scenrio is that suppllying plant is excsiable and material is being transfered from here to non excisable plant.

The process flow is as follows:

ME21N(PO)>VL10D(delivery)>Vl02n(PGI)>VF01(Bill)>J1IIN(Excise bill)-->Migo (goods receipt)

Currently the following accounting entry is being generated:

Cenvat suspense A/C----


Dr

To excise duty payable -


Cr

However user requirement is that excis duly should be uploaded on inventory cost for receiving plant.

and accounting entry should be.

Mfg a/c----


Dr

To excise payble-----Cr

I want to know two things:

1.Whether this is correct process

2.how this can be achived.

Regards

Sanjay

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3 Answers

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    Former Member
    Jun 21, 2010 at 11:24 AM

    Hi,

    1) It is correct.

    2) This is possible by making Excise Duty payable condition as statistical condition so that it will be added in Inventory account for the receiving plant.

    Hope this helps.

    Regds

    Chandan

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    Former Member
    Jun 24, 2010 at 09:13 AM

    Hi,

    Don't use Excise Tax Procedure for all duties.

    All Excise Duties add in to Pricing Procedure (MM). add in to material cost.

    Don't assign tax code in the invoice tab of STO doc.

    so, all the duties add in to the material cost.

    SAM

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    Former Member
    Jun 24, 2010 at 11:09 AM

    The process of 'loading' duty to inventory in an STO happens during transfer posting either during 351 or during PGI. So you need to insert some Z conditions (preferrably delivery cost) in the pricing procedure of the STO. Enter the values manually. This will ensure that the duty values are loaded to the value of the material in the receving plant.

    Excise invoice postings occuring through outgoing excise invoice has nothing to do with loading value to material so please do not change account settings for excise.

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    • Former Member

      Hi,

      Have tried with the same making a Z condition type.However I,m facing following issues:

      1.The actual payble excise shall not be known at the time of STO (PO) creation.

      2.Even if it is calculated and updated in STO the payble accounting entry which is being passed on receiving plant rather than one manufactruing

      Pls advise

      Regards

      Sanjay