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Excise invoice - Sales returns

Former Member
0 Kudos

Dear all,

When the customer returns the product, we should pay him back the excise duties collected from him.

How to do that in SAP?

Please suggest.

Thanks & Regards,

AR

Accepted Solutions (0)

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi,

When there are sales return, then we debit excise (sales return account), which is a separate excise account than the excise account normally maintained. This excise (sales return account) is a form of Asset A/c.

Entry would be :-

Sales A/c Dr.

Excise (Sales Return) A/c Dr.

To Customer

When those goods are again sold whether with or without further processing, then the excise on that good will be adjusted with the excise (sales return) a/c.

Entry would be :-

Customer A/c Dr.

To Sales

To Excise (Sales Return) A/c - To the extent of balance in it

To Excise A/c - (balance, if required)

Hope it is helpful. Please assign points.

Regards,

Saurabh

Former Member
0 Kudos

HI,

you need to have seperate Excise Gl so that it could be posted manually.

Othewise process defined by Saurab is Ok.

Cheers

ashok kumar