Excise Deferred

hardik_shah

Dear All,

Need Help..

I have wrongly posted Deferred Excise with Purchase Invoice. It is goes in deferred Account
also.I want to Reversed that deferred Excise. How can i reversed that particular invoices ? ? ?

ssingla

Simply post a return order or credit memo and the deferred exice and excise for current year will be reversed.

hardik_shah

Thanks a lot for your reply Sir,

Actually we have number of Transactions to be Reversed. it would be nice if
we can have any other way to Reversed it.

Sog

hardik_shah wrote:

Thanks a lot for your reply Sir,

Actually we have number of Transactions to be Reversed. it would be nice if
we can have any other way to Reversed it.

Simply use a journal?

hardik_shah

Sir R u Talking about Tax Journal ? ? ? ? :-k

vijay_g

Do you want to reverse only excise amount or complete invoice?

hardik_shah

I want to Return only Excise which is calculated with Deferred. i mean to say i just
want to return Deferred Excise.

ssingla

Sog wrote:

hardik_shah wrote:

Thanks a lot for your reply Sir,

Actually we have number of Transactions to be Reversed. it would be nice if
we can have any other way to Reversed it.

Simply use a journal?

Not so easy. This is buggy Indian localization and does not have the feature like reversing VAT from journal.

hardik_shah : You have no other option but to use Return Order or Credit Memo. However you can try to automate the process with some coding using Copy Document Functionality.

hardik_shah

Ook Sandeep Sir,

I have to discussed with my developer for the same.

Thanks...Thanks a lot for your reply... :thumbsup:

ssingla

You are welcome. Mark the topic "Solved" if replies helped you in solving the problem.