(Indian Excise) Inserting Data in PLA Entry Table

Dear Friend,

When you post from General Journal there a Indianized boolean field "PLA" which creates the entry in the table. Further Pla g/l account is also specified in the setup.

When Pay excise functionality is used it adjust the balance of PLA with the cenvat credit and cenvat payable and debit entry is created in the system.

On the excise setup you need to define the following account :

Cenvat Credit Receivable account
Excise Payable Account
Cenvat Credit Deffered Account
and in the General Ledger Setup : PLA account

Then when the Sale Transactions are made the excise amount is credited in Excise Payable account and the entries are created in "Excise Entry" Table, On purchase the cenvat receivable and cenvat deffered receivable account is debited and the entries are created in Excise Entry, RG23A Part I & II & RG23C Part I & II depending on the nature of the transaction.

On the general Journal then on there is a option called payment and then Excise.
On opening this a window appears for adjustment of Excise payable with PLA ,Cenvat Receivable, Service Tax Receivable. After filling the same when you exit the resulting entries are created in the General Journal Line.

I suggest you please refer to Financial/functional Consultant as this is not a issue/setup which can be done by technical consultant and requires expert knowledge of the excise laws and setups in Navision. If you want to continue then refer to Training Material on Excise.

Contact your Solution Centre or if u are in the same then contact your company to arrange the same as it is a copyright protected documentation.