Customer return excise reverse

[former_member187989]

Dear all ?

Normal process for customer returns is create return order with referenece to billing doc. no,post goods receipt,credit memo,

How to do excise postings ?,What will be it accounting entries ?

For credit memo accounting entries are customer a/c cr to revenue account,cenvat suspense,vat payable

[Lakshmipathi · Accepted solution]

In case of customer returns, you need to adjust the entries via J1IH and the accounting entries after generating credit note would be

Customer:::::::::::::::Cr

Sales Return::::::::::Dr

ED on Sales:::::::::::Dr

ECess on sales:::::Dr

SECess::::::::::::::::::Dr

VAT / CST:::::::::::::Dr

thanks

G. Lakshmipathi

[former_member187989 · Accepted solution]

Can you tell me steps how to do excise postings ?,What will be it accounting entries ?