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G/L Account assignment with Excise Transaction Type

Former Member
0 Kudos

Dear Gurus,

Please suggest the G/L accounts to be assigned for the Excise Transaction Types highlighted below,

What would be the nature of those G/L accounts (Input or Output)

Please Suggest!

Regards,

Ashu

1 ACCEPTED SOLUTION

Former Member
0 Kudos

Hi Ashutosh,

For the above G/L's the setting for tax Category in FS00 is "all tax types allowed".

Regards,

S.Himavanth.

3 REPLIES 3

Former Member
0 Kudos

Hi Ashutosh,

For the above G/L's the setting for tax Category in FS00 is "all tax types allowed".

Regards,

S.Himavanth.

0 Kudos

Hi Himavanth,

Tax category is ok but my question is what G/L accounts shall i assign here. Either Credit or Debit accounts.

Please suggest.

Regards,

Ashu

0 Kudos

Hello Ashutosh,

In the below setting, you can see how the postings will be like incase of each excise transaction type.

SPRO - LG - Tax on Goods Movements - India - Account Determination - Specify Excise Accounts per Excise Transaction

DLFC is used for your Sales excise invoice posting using transaction J1IIN.

MRDY / MRWO/ MRRD is used for excise JV postings using transaction J1IH (Other adjustements / Material write off etc)

OTHR is used for excise invoice creation using transaction J1IS ( used in case of stock transfer via MM route or during vendor returns)

Thanks n Regards,