Excise to Pay
Excise Duty Management
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Article
•
4/29/2023
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2 min
| Excise to Pay – Purchase and Sales | ||
|---|---|---|
| Posting | Purchase Return | Sales |
| Shipment | To Pay Account (interim) | To Pay Account (interim) |
| at To Pay Account | at To Pay Account | |
| Invoice | Purch. Credit Memo Account | Sales Account |
| at To Pay Account (interim) | at To Pay Account (interim) | |
| Excise to Pay – Transfer | |||
|---|---|---|---|
| Posting | Transfer From | Transit | Transfer to |
| Yes | <Blank> | <Blank> | |
| Shipment | Transfer Account (Interim) | Inventory Account | |
| at To Pay Account | at Transfer Account (Interim) | ||
| Receipt | Transfer Account (Interim) | Inventory Account | |
| at Inventory Account | at Transfer Account (Interim) | ||
| Excise to Pay – Adjustments | ||
|---|---|---|
| Posting | Positive | Negative |
| Item Journal Line | N/A | Inventory Adjmt. Account |
| N/A | At To Pay Account | |
| Excise to Pay – Production | ||
|---|---|---|
| Posting | Positive Consumption | Negative Consumption |
| Gain/Loss Journal | Production Balance Account | |
| At To Pay Account | ||