GL accounts for excise

[former_member371992]

Hi experts!

  I have one doubt...we assign GL accounts for excise condition types(bed,Ecs,Secs) in CIN In the menu path :Spro-Logistics general_tax on goods movement.india-account determination-specify GL accounts per excise transaction.

Then why we again assign GL account for the excise condition type Account key(EXD) in VKOA....what is the purpose and how it differs....Pls tell me..

regards

Bala.

[former_member371992]

Hi Himavanth!

  I gor it.....Thank you very much for your explanation....now i got clarity......thanks

Regards

Bala.

[Former Member]

Hi Bala,

In CIN menu path we will assign G/L accounts for condition types for excise transaction DLFC. These G/L accounts will hit when you create a excise invoice in T.Code: J1IIN and the G/L accounts which you assign in VKOA will hit at the time of creating billing document in T.Code: VF01.

In VF01 the postings will be excise duty collected and in J1IIN the postings will be excise duty paid.

The same G/L accounts will be knocked off.

Now i think you will have clear picture on this. Still if you are having doubts check with FI consultant.

Regards,

S.Himavanth.