Error - J1IH - Not enough balance, cannot save Message no. 8I414

[former_member221515]

Hi All.

I created one sub transaction type (CP) for taking 100% excise credit (for Capital Goods) through Excise JV - J1IH. This scenario will come because less credit was taken last year for the capital goods.

My required accounting entry is:

Modvat RG23C A/c... Dr Rs.100

   To CENVAT Clearing A/c Rs.100

Accounting Entry is correct. When I am trying to post it on today's date (i.e 22nd November 2012), it giving error:

Not enough balance, cannot save

Message no. 8I414

I tried with other sub transaction types. Its getting posted. My finance and MM month (for October and November is open). But still its giving error. My GL also has sufficient balance.

I did following settings for new sub-transaction transaction created

1. SPRO --> Logistics - General --> Tax on Goods Movements --> India --> --> Basic Settings --> Maintain Subtransaction Types

2. SPRO --> Logistics - General --> Tax on Goods Movements --> India --> Account Determination --> Specify Excise Accounts per Excise Transaction

(Here I have done for MRDY Excise Transaction Type. So while posting J1IH, I use "Other Adjustment" instead of Additional Excise")

3. SPRO --> Logistics - General --> Tax on Goods Movements --> India --> Account Determination --> Specify G/L Accounts per Excise Transaction

Inspite above three settings, it giving me above mentioned error while saving transaction. Please help. Let me know if I need to do some other setting for this newly created sub transaction type.

--

Deepak

[former_member198032]

Hi Deepak,

Please refer the note - 1455103.

You are expected to close the previous financial year and carry forward

all balances to the current financial year and then post J1iH.

Else the system will not be able to bring the balances of the previous

year in J1IH for posting & this may lead to error or the system will

post to PLA.

Best regards,

Cristiano