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Former Member
Dec 06, 2011 at 09:37 AM

account updates

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Dear Experts ,

Can any one help me knowing the following-

ater billing and after excise invoice also accounting entries hits

after invoice --- customer account is debited

sales revenue and all tax accounts including excise are credited

after excise invoice -


cenvat suspense a/c is debited

all excise duties a/c is credited

why there is updation of excise duties again and again ?

please clear the doubt

Regards

Supriya Parimal