Vendor Return Excise entry

[Former Member]

Hi All,

Can any body let me know the Excise accounting Entry of Vendor Return (Movt. 122/161)?

In my case it is displaying;

Credit ---> BED, ECS & HEC

Debit ---> PLA on hold

and Which ETT system will use?

With Reagrds

Manoj Singh

[Former Member]

many many Thanks for your kind supports.

Point has been assigned.

Manoj Singh

[Former Member]

Dear,

As per my view,

Best process is,

If you have purchase order for 100,

Good receipt is 100 but during testing 20 material is reject.

Po - 100 qty - ME21N.

Good receipt - 100 qty - MIGO,

Capture excise invoice with 100 qty - J1IEX.

Post excise invoice with 100 qty - J1IEX,

Then for return delivery,

Return delivery 20 qty - MIGO - return delivery,

Capture excise invoice with 20 qty against return delivery - J1IS,

Post it with J1IS.

Then create vendor invoice and credit memo for material.

Regards,

Mahesh Wagh

[pankaj_singh9]

Hi,

ACCOUNTING ENTRIES IN VENDOR RETURN

At the time of Return Delivery (MIGO);

Stock Account - Cr

GR/IR Clearing A/c - Dr

It should be as following during J1IS and J1IV; (ETT - OTHR)

CENVAT Input BED - Cr

CENVAT Input ECS - Cr

CENVAT Input SECess - Cr

CENVAT Clearing - Dr

So that at the time of MIRO (Credit Memo to Vendor)

Vendor Account - Dr

GR/IR Clearing A/c - Cr

CENVAT Clearing - Cr

[Former Member]

Hi Pankaj,

When i am trying to post Excise return invoice using J1IV,

System is throwing following Error,

No account is specified in item 0000000024

Message no. F5670

Diagnosis

No account was specified for account type "S" in item "0000000024" of the FI/CO document.

System Response

The Financial Accounting program cannot process the document.

Procedure

A system error has probably occurred in the application you called up. Check the data transferred to item "0000000024" of the FI/CO document.

Can you plz let me know why this error,

with Regards

Manoj Singh

[Former Member]

Hi ASAP,

When i am trying to post Excise invoice for vendor return using J1IV,

System is throwing following Error,

No account is specified in item 0000000024

Message no. F5670

Diagnosis

No account was specified for account type "S" in item "0000000024" of the FI/CO document.

System Response

The Financial Accounting program cannot process the document.

Procedure

A system error has probably occurred in the application you called up. Check the data transferred to item "0000000024" of the FI/CO document.

Can you plz let me know why this error,

with Regards

Manoj Singh

[pankaj_singh9]

Hi,

Check in SPRO > Logistics - General > Tax on Goods Movements > India > Account Determination > Specify Excise Accounts per Excise Transaction > Here check following is maintained;

ETT  Subtrn Typ DC ind Acct name
OTHR            CR     RG23AED
OTHR            CR     RG23AT1
OTHR            CR     RG23BED
OTHR            CR     RG23ECS
OTHR            DR     MSUSP

And then do Account Determination for Excise Group and ETT OTHR in SPRO > Logistics - General > Tax on Goods Movements > India > Account Determination > Specify G/L Accounts per Excise Transaction

Here assign GL A/c CENVAT Input BED under column RG23BED, CENVAT Input ECS under column RG23ECS, CENVAT Input SECess under column RG23AT1 and CENVAT Clearing under column CENVAT Suspense.