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J1IH--Other Adj Credit in PLA BED Account How to Clear

former_member2342
Active Contributor
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Dear

When JV was passed using J1IH--Other Adjs the following entry was passed when tried to give credit to Cenvat Receivable Account (since at that time there was a credit balance in Cenvat Receivable Account)

Cenvat Clearing Account Dr 2.58

PLA BED Account 2.58

With the above entry, PLA BED is showing a credit balance of Rs.2.58 lakh.

instead of the following entry

Cenvat Clearing Account Dr 2.58

Cenvat Receivable Account 2.58

How I can I pass the following rectification entry (now Cenvat Receivable Account shows a debit balance) in order to clear the Credit balance in PLA BED Account

PLA BED Account Dr 2.58

Cenvat Receivable Account 2.58

Whether a normal JV can be passed using either FB50 or F-02 for the above? If normal entry is passed will there be any problem while running J2IUN?

Regards

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vivek_srivastava12
Active Contributor
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Dear,

You can not post direct entry to your Excise GL Account through F-02 or FB50, for doing entry you can use T-Code FB41,

There will not be any issues if you are posting from PLA to your CENVAT Rec...

Br,Vivek

former_member2342
Active Contributor
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Dear

Which Document Type I should give in FB41? Our excise document type is EX.

Regards

vivek_srivastava12
Active Contributor
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Hi,

You can use either document type you are using for Excise of normal document type you are using for JV booking i.e. SA.

Br,Vivek

former_member2342
Active Contributor
0 Kudos

Dear

Thank you. So I have chosen document type as EX and passed entry in FB41 in testing client. When verified Table J_1IPART2 is not updated. Will there be any issue while running J2IUN then?

Regards

vivek_srivastava12
Active Contributor
0 Kudos

Hi,

While doing J2IUN system check the balance of your GL Account..I don't think it so there will be any problem..

Br,Vivek