Sales 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) | Sales Amount (Expected) | Sales Amount (Actual) | Excise Amount (Interim) | Excise Amount | Excise |
|---|---|---|---|---|---|---|---|
| Direct Cost | 7,50 | -7,50 | -12,98 | 12,98 | False | ||
| Indirect Cost | -2,02 | 2,02 | True |
General Ledger Entries
| G/L Account | Debit | Credit |
|---|---|---|
| COGS Account (Interim) | 7,50 | |
| Inventory Account (Interim) | 7,50 | |
| Inventory Account | 7,50 | |
| COGS Account | 7,50 | |
| To Pay Account (Interim) | 2,02 | |
| Sales Account | 2,02 | |
| Sales Account | 15,00 | |
| VAT Amount 25% | 3,75 | |
| Debtors | 18,75 |