Posting Item Journal

Excise Duty Management  •  Article  •  4/29/2023  •  3 min

When posting an item journal line, it is possible to get an insight into the related excise data that is valid after finishing the item journal line posting. You can transfer data from an item journal line to posted excise ledger entries and integrate the posted excise duty ledger entries with the item ledger entry when posting an item journal line. The excise data is always recalculated when you post an item journal line. The Posting Date of the sales document is the date on which the recalculation is done. The Excise Data, Customs Licenses, and Trading Information from the item journal are inherited in the posted excise entries once you post the item journal lines. All the three Item Journals has the same integration for excise items. In the underlying description only the Posting of Item Journal is described and there where needed a reference to the other journals is made.


While posting, if the Status of the Item is Blocked or Blocked for Movement in the Item Beverage Data, it throws an error. If there is no valid tariff group version selected for the excise item, you get an error message.

  1. Select the Search icon , enter Item Journals, and then choose the related link.
    The Item Journals page opens.

  2. Select the Item journal line that you want to post.

  3. On the action bar, go to Post/Print > Post.
    A dialog confirms whether you want to post the journal lines.


    Posting an Item Journal Line for an excise item and set up a reason code as Required or Warning on the Excise Duty Setup page, it throws an error or warning depending on the setup when the reason code is empty.


    Reason Code is also integrated with Warehouse Journals and Physical Inventory Orders.

  4. Choose Yes.
    A dialog confirms that the journal lines were successfully posted.

  5. Click OK.

  6. On the action bar, go to Item > Ledger Entries to review the entries in the Item Ledger Entries.


Positive signs in Excise Duty Ledger entries are for the Incoming Transactions, which means an increment in the inventory. Negative signs are for the Outgoing Transactions and lead to inventory reduction.