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What are the journal entries for accounting VAT in SAP

Answer Posted / seetaram.bandla

Hi All,

MIGO: Stock A/c Dr
GR/IR A/c Cr
Posting Excise Invoice
RG23A A/c Dr
Excise payable A/c Cr
Vendor Invoice
Vendor A/c Cr
GR/IR A/c Dr
Excise Payable Dr

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