excise invoice

[Former Member]

hi.

while saving excise invoice i am getting following eror

"Balance in transaction currency"

how to slove this

regards,

rahul

[Former Member · Accepted solution]

Hi,

Pls try following: Goto SPRO --> Logistics General --> Tax on Goods Movement --> India --> Basic Settings --> Maintain Excise Registration. Select the respective excise registration and go into that by clicking the lens on top.

Regards,

[Former Member]

Balance in transaction currency error would occur if the debit and credit does not match in accounting. If you are using a series group with immediate utilisation, then this error could occur becuase of insufficient balance in the registers. Else it could be because of incorrect/incomplete setting in "Utilisation determination".

If you have just started using SECS (secondary education cess) then ensure that AT1 is active at Excise registration level. Also ensure that the latest version of the note 1032813 is applied in your system.

Also check for the note 1018071

[Lakshmipathi]

Dear Rahul

Please ensure that the latest patch updation is loaded into the system. At times, this could also be one of the reasons for the said error. Check with your basis team.

thanks

G. Lakshmipathi

[Former Member]

hi,

Pls go through with ur CIN configuration thoroughly.

reg

Deepak