Purchase Invoice
Excise Duty Management
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Article
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4/29/2023
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1 min
Value Entry
| Posting | Cost Amount (Expected) | Cost Amount (Actual) | Purchase Amount (Expected) | Purchase Amount (Actual) | Excise Amount (Interim) | Excise Amount | Excise |
|---|---|---|---|---|---|---|---|
| Direct Cost | -7,48 | 7,48 | -7,48 | 7,48 | False | ||
| Indirect Cost | 2,02 | -2,02 | True |
General Ledger Entries
| G/L Account | Debit | Credit |
|---|---|---|
| Invt. Accrual Acc. (Interim) | 7,48 | |
| Inventory Account (Interim) | 7,48 | |
| Inventory Account | 7,48 | |
| Direct Cost Applied Account | 7,48 | |
| To Reclaim Account (Interim) | 2,02 | |
| Purchase Account | 2,02 | |
| Purchase Account | 9,50 | |
| VAT Amount 25% | 2,38 | |
| Creditors | 11,88 |