STO: Cenvat Clearing account not getting cleared

[appasaheb_nagargoje]

Dear Experts,

We are doing STO from Manufacturing plant to Manufacturing plant.

Supplying plant:

Doimg Billing (VF01) and then Excise Invoice (J1IIN).

VF01 Account Entry:

50006            Sundry Debtor-Relat C 53,550.00 INR

30020002      Sale of Stock Tran. 47,600.00- INR

12055001      CENVAT O/P Clearing 5,950.00- INR

J1IIN Account Entry:

12055001 CENVAT O/P Clearing 5,950.00 INR

12050001 Excise duty Pay-Pim 5,950.00- INR

Receiving Plant:

We are doing MIGO:

There is no accounting entry for Material, but Accounting entry for Excise invoice (J1IEX):

J1IEX Accounting Entry:

16020006 RG-23 A BED A/C - PT 5,950.00 INR

16050004 CENVAT Input Clering 5,950.00- INR

My question is,

we are not doing MIRO for this transaction, so CENVAT Input Clering  account is not getting cleared.

How we can clear the CENVAT Input Clering ???

Regards,

Appasaheb

[binoy_vargis1]

Hi Appasaheb,

For this purpose of STO you can always create your own subtransaction type.

SPRO--> Logistics - General--> Tax on Goods Movements--> India-- Basic Settings--> Maintain Subtransaction Types

SPRO--> Logistics - General--> Tax on Goods Movements--> India--> Account Determination-->Specify Excise Accounts per Excise Transaction/Specify G/L Accounts per Excise Transaction

Consult with your FI expert for more clarity.

Regards

Binoy

[appasaheb_nagargoje]

Hi Binoy,

thanks for prompt reply.

Which account should i apply for Subtransaction type ??

Regards,

Appasaheb

[former_member192897]

Your FI / Excise department persons should be able to tell you which GL account you should use for this purpose.

You better use a Sub transaction type (ST) (Create a new One if required) for Stock transfers and make use of it in Outgoing Excise transactions like J1IIN / J1IS.