cancel
Showing results for 
Search instead for 
Did you mean: 

Trading Company Excise Invoice treatment

Former Member
0 Kudos

Hi,

My client is dealing in trading business. At the time of purchasing the items they will take the excise amount like Basic Excise Duty, Eductaion Cess, Higher Education Cess , additional duty. At the time of selling the same item he passed the same excise duty and referecne of the purchase invoice in the sale invoice.

How we can pass the same excise duty that has been pruchased from the supplier at the time of selling the item.

Thanks and Regards,

Rajeev Agarwal

Accepted Solutions (0)

Answers (3)

Answers (3)

Former Member
0 Kudos

Hi,

Thanks for your reply. It is helpful for me.

Regards,

Rajeev Agarwal

former_member1269712
Active Contributor
0 Kudos

Hi Rajeev,

You need here some bit of customization. Basically you can create udfs in AP & AR side capture there bill of entry (boe) at the row level in AP. Then when you are selling same item give list of that boe in AR after selection of boe in AR you can calculate excisecesshcess+additional duty based on your purchase with selling quantity.

Or

If they want in report level you can do all the calculations in Trading typical invoice format and just capture boe in ar.

There are so many options there for capturing excise trading functionality in SBO which is not part of standard func.

Also check thiss ...!!!!!

Thanks

Sachin

Former Member
0 Kudos

HI Rajeev,

How bout using the same tax code while selling the item?? YOu can create udf or use the customer reference number to capture details of purchase invoice.

Thanks,

Joseph