excise invoice in USD

[Former Member]

customer requirement is invoice should be in USD only. For that we create sales order by changing currency to USD from INR & by maintaining conversion factors in OB08. Assume 1 USD = 5O INR. Then delivery, invoice. Upto invoice duties passed are correct. But when creating deemed excise invoice duties flowed are incorrect & also they are in INR.

Eg: VA01 - 10 QTY, BASE PRICE=50 USD FOR 1 QTY. SO TOTAL=500 USD.

BED (10%) = 50 USD.

But in J1IIN, BED showing as 1950 INR. Eventhough it is in INR it should be 2500.

Second issue system not taking deemed button in utilization.

Is the excise tax in local currency have a small deviation of exchange rate of what's being defined in OB08.

[Former Member]

hi,

The Export process will have the currency in which customer deals with so what ever currency is used in sales order will flow to billing, once billing is posted it get converted to INR.

During the convertion ie posting of the document to FI what ever is the value maintained in the Exchage rate setting will be applicable.

thanks and regards,

Sudhir

[Former Member]

hi,

The Export process will have the currency in which customer deals with so what ever currency is used in sales order will flow to billing, once billing is posted it get converted to INR.

During the convertion ie posting of the document to FI what ever is the value maintained in the Exchage rate setting will be applicable.

thanks and regards,

Sudhir

[Former Member]

Hi,

Excise invoice should be in INR always even if it is export.so that transaction values are perfect.

also check what are the excise group and series groups are maintained for this transaction.also check the transaction type specified for default excise group and series group. in CIN path.

Thank you,

[Former Member]

hi,

First Excise invoice will be only in INR as its a COUNTY Specific invoice created for INDIA. Till billing if the value flows properly then the value of conversion should post with INR in Excise Invoice. Check any changes made during or inbetween the delivery and billing date. even if some days vary then the value may change.

Regards,

Sudhir