Accounting Document Error(With CIN)
We recently configured CIN.In testing when billing document is saved excise invoice generated,also accounting document,but when i checked the accounting document the system showing only tax values and accounts for the tax conditions.It is not showing any revenue and reconcilation account and there values.Let me explain in detail say item conditions are like this
10 PR00 Material Price 5000 EA 5000
20 JEXP BED% 12 % 600
30 JEAP AED% 2 % 100
40 JESP SED% 1.5 % 75
50 NET 5775
Now Accounting Document should be like this as per standard system
Item PK Acc. DES Amount CURR TAx cd
1 aaaaaa Customer reconcilation acc 5775 inr A0
2 bbbbbb Trading material acc 5000- inr A0
3 cccccc BED % 600- inr A0
4 dddddd AED% 100- inr A0
5 eeeeee SED% 75- inr A0
But it is like this
1 wwww CENVAT 775 inr A0
2 cccccc BED % 600- inr A0
3 dddddd AED% 100- inr A0
4 eeeeee SED% 75- inr A0
How system is showing CENVAT and account number although that condition type is not used in pricing procedure.
Please help to sort this issue,if wrong then please correct as this is first time we configured CIN.Can you provide breif idea on tax caculation in CIN like % wise.
Amitesh Anand replied
If the Excise Invoice is created automatically as soon as you save the Commercial Invoice then there must be two accounting documents. One of Commercial Invoice and another of Excise Invoice.
The accounting entry which you expect is of Commercial Invoice, however as per the Excise Invoice the accounting entry which is described by you is correct, so system is giving correct accounting entry.
Commercial Invoice A/c entry:-
Excise BED Suspense A/c Cr
Excise Cess Suspense A/c Cr
Excise HE Cess Suspense A/c Cr
Excise Invoice A/C Entry:
Excise BED Suspense A/c Dr
Excise Cess Suspense A/c Dr
Excise HE Cess Suspense A/c Dr
Excise Duty Payable A/c Cr
So please check at VF02 / VF03 that for your Invoice if there must be two Accounting Documents, else check the billing document, as I feel that in your case the Posting is still not done for Commercial Invoice.