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JV in CIN

Hi all

Can anybody explain me about JV passing in CIN -MM.Kindly explain me with example.

Pls explian me shortly and clearly for interview purposes..

Thanks

sap-mm

replied

HI,

Purpose of JV in CIN,

e.g.

1) if i took credit say Rs. 100 ,lateron i found that there wrong calculation by the vendor in excise so he either increases or decreases the credit amount .

To Map this scenario we can use JV

2) Say by mistake while capturing manual excise user shuffeles the values of ECS in say AED account .

To make the proper entries in the register we can use JV

3)For monthly utilisation to raise the TRC6 challan Excise JV is used.

regards,

sujit

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