Purchase Receipt
Excise Duty Management
•
Article
•
4/29/2023
•
1 min
Item Ledger Entry
| Posting | Cost Amount (Expected) | Cost Amount (Actual) | Purchase Amount (Expected) | Purchase Amount (Actual) | Excise Amount (Interim) | Excise Amount |
|---|---|---|---|---|---|---|
| Purchase Receipt | 7,48 | 7,48 | -2,02 |
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 | False | ||||
| Indirect Cost | -2,02 | True |
General Ledger Entries
| G/L Account | Debit | Credit |
|---|---|---|
| Inventory Account (Interim) | 7,48 | |
| Invt. Accrual Acc. (Interim) | 7,48 | |
| To Reclaim Account | 2,02 | |
| To Reclaim Account (Interim) | 2,02 |