Pay Excise And Sales Return

jay_sadhu

Hi All I have two queries related to sales Return

On Sale of Rs 10000/-, Posted Sales Invoice shows

Excise Duty Payable 1442 Cr.
Debtors 1442 Dr.

On Sales Return of the above sale

Posted Credit Memo shows

Excise Duty Payable 1442 Dr.
Debtors - Domestic 1442 Cr.

I) If sales return takes place in same financial year net excise duty payable should considers
Credit Memo and Sales Invoice.

In Navision - Pay Excise function,filter is applied "Document Type"<>"Credit Memo" in Excise
Entry table. Hence only Sales invoices are appearing.
How I will adjust that amount?

II) If sales return takes place next financial year, my client wants

"Cenvat Cr. Rcvbl -Input" to be debited by 1442.
Please suggest solution.

Thanks in avdance

Jayanta Sadhu

ssingla

You should only use the II option.

jay_sadhu

Thanks!!!
I got my solution in some other way.
It should be handled by Return Order Posting as "Receive & Invoie"

ssingla

Just check Credit Memo also and see the results for excise posting. This will give you the second option you were looking for.