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Accounts posting in Excise

Former Member
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Can anyone tell me what are the accounts affected during excise transaction in terms of SAP B1 and normal practise.

Transaction:

1. Purchase

2. Sales

3. Tax Payment

4. PLA

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi Joy,

Please check this page to find your information:

Thanks,

Gordon

Answers (2)

Answers (2)

Former Member
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Hi

Following accounts you have to create

For Purchase (in Asset Drawer)

1. Input Cenvat A/c.

2. Input Cess a/c.

3. PLA A/c.

4. Incoming CENVAT Clearing Acct

For Sale (in Liability Drawer)

1. Output Cenvat A/c.

2. Output Cess a/c.

3. Outgoing CENVAT Clearing Acct

Regards

Kamlesh

Former Member
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Check this document from this link

[https://websmp209.sap-ag.de/~sapdownload/011000358700006457992006E/HowToPostExciseInvoice_IN.pdf]