How to inventory excise duty in SAP?

Answer Posted / pralhad kumbar

General ledger for excise duty updation will be assigned
in CIN [ IMG ] under Accounting customization .When ever
goods are received , Excise G/L will be updated for Modvat
credit on inputs , RG 23 A part 1 for quantity and part 2
for Modvat credit amount . This register is used for
material other then Capital Items . For Capital Items RG 23
C Part 1 and Part 2 will be Updated . For Depot receipts
and sales RG 23 D Part 1 and Part 2 will be updated .

Is This Answer Correct ?    5 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the various stock valuation methods?

690


How will you consider un planned delivery cost in purchase?

605


What are transactions that will cause a change in stock?

670


If you want to restrict a po to create quantity not more than 5 units then what will you do? What will be your approach?

753


Explain how you can change the standard price in the master material?

623






What are the categories of purchasing information records?

654


Outline the functions supported by material master?

823


Explain the 'valuation area' concept in mm?

643


How do we assign material to vendors?

606


Can forecast model be selected automatically?

642


Explain the mm flow with tcodes & tables?

632


Suppose we change the price of a material in purchase info record, will it change the price in all purchase orders where material is yet to deliver?

710


What are the various steps of the mm cycle?

686


How is master data important in mm module?

667


What is purpose of zgr based invoice verification in purchase order?

685