Excise duty payment in FB60

[Former Member]

Hi experts

We use TAXINN Procedure.

Client requires to process exise diectly in FI also (fb60)

To enable this, need to create tax codes. Please suggest how to maintain a tax code very specifically using in FI only. This should not create issue with existing tax code in purchasing or MIRO.

thanks

ramSiva

[former_member186100 · Accepted solution]

Hi Ram,

It appears as unreasonable requirement. FB60 is used for invoices , which do not involve Goods. While excise is very material movement specific tax. Using FB60 and some new tax code you may be able to make entry to CENVAT credit accounts , but the credit entry will not be available for excise reporting or excise utilization. Doing so will totally destroy significance of that entry.

You should use excise JV -tcode - J1IH instead in case you want to make entry without reference to PO or goods movement.

As for if you are sure you want to go for method requested by your client , you can simply create new tax codes as you generally do. In OB40 assign CENVAT accounts instead of cenvat clearing account.