Excise Entries at the time of Return

[Former Member]

Hi All,

We are implementing CIN. Can any one guide me what would be a journal entry for Excise at the time of Vendor Return and Customer Return?

When we do Customer Return I believe its a manual JV which we need to pass for Excise (correct me if I am wrong)

We do it from - (J1IH T-Code) What Accounting entry should pass?

Similarly vendor return for Excise What is the process. through which T-code we reverse the Excise

Please let me know.

Thanks

Best Regards

Shashi

[Former Member]

Hello,

For customer return you can use J1IIN (Cancel Excise Invoice)

For Vendor return you have to use J1IH

Regards,

Prasad

[Former Member]

What would be my accounting Entry from Excise Perspective? For Incoming and outgoing?

Thanks

Best Regards

Shashikanth.M