Académique Documents
Professionnel Documents
Culture Documents
Dr.
GR/IR clearing
Cr.
Dr.
Cenvat Clearing
Cr.
Dr.
GR/IR Clearing
Dr.
Vendor Payable
Cr.
Dr.
GR/IR clearing
Cr.
Dr.
(50%)
Cenvat On-hold
Dr.
(50%)
Cenvat Clearing
Cr.
Dr.
GR/IR Clearing
Dr.
Vendor Payable
Cr
Dr.
(50%)
Cr.
(50%)
Dr.
Custom Payable
Cr.
During GR
Material Stock
Dr.
GR/IR clearing
Cr.
Dr.
Custom Clearing
Cr.
Dr.
Vendor Payable
Cr.
Dr.
Cenvat Clearing
Cr.
Dr.
Cenvat Account
Cr.
What should be my accounting entry when the goods are issued through MM and excise
invoice is created (J1IS & J1IV)?
During Excise Invoice Creation
Cenvat Suspense Account
Dr.
Cenvat payable
Cr.
Dr.
Cr.
Dr.
Cenvat Account
Cr.
PLA Account
Cr.
Dr.
Cenvat Account
Cr.
Dr.
Cenvat Reversal
Cr.
Dr.
Sales Account
Cr.
Cr.
Dr.
Cenvat payable
Cr.
Dr.
Cr.
Dr.
Cenvat Account
Cr.
PLA Account
Cr.
Dr.
Cenvat payable
Cr.
Dr.
Cr.
Dr.
Cenvat Account
PLA Account
Cr.
Cr.
Dr
Cr
In MIGO Transaction itself, you can post Excise by choosing capture and post Excise Invoice.
The FI Document will be as follows.
ii). RG 23 A Basic Excise Duty A/c
To Canvat Clearing A/c
Dr
Cr
After doing MIGO, you execute MIRO. In this transaction also SAP will generate FI document
automatically. The Entry will be as follows:
iii). GR/IR Clearing A/c
Dr
Dr
Dr
To Vendor A/c
Cr
100
20
10
130
130
130
100
20
100
20
120
120
10
120
10
130
130
130
130
145
145