Skip to Content
author's profile photo Former Member
Former Member

excise rg23c reversal

hi gurus

very urgent

some j1iex transactions posted to RG23C rigisters instead of RG23A rigisters, actuall postings belongs to INPUT but the postings done for Capital please advise me how to reverse this with out cancelling j1iex.

if the vice versa i can use J1ih other adjustemnt tab for reversal and aditional excise duty tab for actual posting. but above case it was not working because the 50% amount is gone to cenvat on hold account . how to post reversal entry and actual entry please advise

Thanks

Ashwini

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • Posted on Nov 27, 2011 at 07:01 AM

    Dear,

    have you define material as Asset in J1ID?

    Please follow below process for reversing:

    1. If MIRO has been done then Reverse MIRO-MR8M

    2. Cancel MIGO

    3. Post Excise Invoice through J1IEX

    4. Cancel the Excise invoice... J1IEX

    Once above activity is done post the maerial document again and ensure your material is defined as Raw Material in J1ID.

    Hope this helps!!

    Br,Vivek

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.