cancel
Showing results for 
Search instead for 
Did you mean: 

excise duty account is not nullifying.

Former Member
0 Kudos
41

Hi,

gurus,

Urgent issue.

In billing Excise duty is going to a clearing recovery account and then during excise invoice creation its nullifying the clearing account and going to excise duty payable account.

but if we go to individual g/l account of excise duty recovered account it is not nullifying here.

pls suggest me if i am wrong ..

if further any conf. is to be done if so pls tell me..

Thanks & Regards,

Satish kumar.m

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi

At the time of payment of excise duty, the system will take into account the payables and receivables in the exice accounts and would propose the amount to be paid, if any. Once the payment is done and you post the challan, the same would be nullified, I hope.

If I am wrong, please correct.

Regards,

Former Member
0 Kudos

HI,

babu

can u tell me in which tr.code we have to post the challan.

Regards,

Satish Kumar.M

Former Member
0 Kudos

Hi

Please see the tcode J1IH and use 'other payments' for excise updations.

Regards,

Former Member
0 Kudos

Dear All,

in the flow of billing system is showing correct flow ie.,

in accounting 2 doc were created

1)

Customer A/c Dr

To Sales

To ED Recovery Ac

To CST payable

2) entry (in excise )

ED Recovery A/c Dr

To,

H&S A/c

To,

E.Cess A/c

but my question is if we see individual entry in ED Recovery Account i am getting cr side more than dr.side

ie., it is not nullifying the entry.

my doubt is if we have to make any cof. if so pls tell me ..

Thanks & Regards,

Satish Kumar.M

Former Member
0 Kudos

hi,

pls tell me how to use j1ih tr.code and what we hve todo..

Thanks & Regards,

Satish

Answers (1)

Answers (1)

Former Member
0 Kudos

closing my side..