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Excise Entry

Madhavi_PandeyMadhavi_Pandey Member Posts: 124
Ques:I am using Navision 2009 and i want to post this excise entry........
e.g.

Excise Duty A/C ...Dr 10000
Edu.Cess A/C ... Dr 200
HSE Cess A/C ...Dr 100
Interest a/C ...Dr 300
To Bank A/C 1600
(Being.....................)

Can any one suggest me what is the process to pass this kind of entry because when i pass it through Journal or Bank payment voucher system not allow to pass the entry.
Madhavi Pandey.

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    rajatkaliarajatkalia Member Posts: 65
    HI Madhavi

    what is the error u get while posting??


    Regards,
    Rajat.
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    arvindkhatodarvindkhatod Member Posts: 1
    You can not pay directly excise. You have to use PLA account and in navision you have to use Tax Journal in General Ledger-->Periodic Activities-->Excise--> Tax Journal
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    ssinglassingla Member Posts: 2,973
    I would advise you to have a look on excise feature instrauctions by microsoft. Most of them has been included in hot fix release of 4.0 SP3.
    CA Sandeep Singla
    http://ssdynamics.co.in
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    Madhavi_PandeyMadhavi_Pandey Member Posts: 124
    When I am posting that Excise Entry,system shows the warnning message-

    You must specify balance Account No. in Tax Jounral Line Jounral Templete name='Tax Journal',Jounral Batch Name='Tax',Line No.=10,000.

    But for the following Excise Entry I don't want to enter any Data in Balance Account Field Because I want Four Debits and Single Credit entry.

    e.g.

    Excise A/C ........Dr 5,000
    Edu Cess A/C ....Dr 100
    HSECess A/C....Dr 50
    Interest A/C....Dr 300
    To Bank A/C 5,450
    (Being................)
    Madhavi Pandey.
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    krikikriki Member, Moderator Posts: 9,098
    [Topic moved from 'Navision Financials' forum to 'NAV/Navision Classic Client' forum]
    Regards,Alain Krikilion
    No PM,please use the forum. || May the <SOLVED>-attribute be in your title!


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    ssinglassingla Member Posts: 2,973
    Have u checked the manual I suggested and followed the steps mentioned there.
    CA Sandeep Singla
    http://ssdynamics.co.in
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