Exice duty Inclisive

[Former Member]

Hi

I have one scenario in which i have to show that sales price is inclusive of excise duty and i want to post excise duty to recover account and sales price Minus excise duty to revenue account

EG. Rs 100 I am charging to customer and in that suppose RS 10 is excuse duty.

posting should be like this

100- to customer accout

10-excise accout

90- to revenue accout

Regards

sandeep

[Former Member]

ok

[Former Member]

Hi

Kindly do the belwo

1.make the MRP condition type as statistical

2. create the excise condition type and maintain the calculation type as "H--Percentage included"

3. Create one more condition type which will have the valuie 90 and assign the account key to post to accopunts

BY doing the above you can acheive your desired accounting enntries

[Former Member]

hi

will you clear me how 90 will come and how excise amount will deduct from MRP

i am trying this but unable to do

thanks

sandeep