Accounting entry for Material Management

Purchase order No accounting Entry

oods receipt against PO Inventory a/c BSX Debit
GR/IR clearing a/c WRX Credit
Excise capturing- Part 1 No accounting Entry
Excise capturing- Part 2 RG 23 A Part II Debit
Cenvat clearing a/c Credit
Invoice verification GR/IR clearing a/c Debit
Cenvat clearing a/c Debit
Sales Tax a/c Debit
Vendor a/c Credit
Payment to Vendor Vendor a/c Debit
Bank a/c Credit
Sales order No accounting Entry
Post oods Issue Cost of Goods Sold a/c Debit
Inventory a/c Credit
Billing Customer a/c Debit
Sales a/c Credit
Excise a/c Credit
Edu Cess a/c Credit
Sales tax payable a/c Credit
Excise Invoice Excise exp a/c Debit
Excise Payable a/c Credit
Monthly Utilisation Excise Payable a/c Debit
RG 23 A Part II Credit
PLA a/c Credit
Creating TR6 challan PLA a/c Debit
PLA on Hold a/c Credit
Payment of TR6 challan PLA on Hold a/c Debit
Bank a/c Credit
Receipt of payment from customer Bank a/c Debit
Customer a/c Credit
Sales Tax Payment Sales tax payable a/c Debit
Bank a/c Credit
mports Cycle
Purchase order No accounting Entry
Custom duty Invoice verification Basic custom duty (GR/IR clearing)a/c Debit
CVD a/c Debit
Edu Cess on CVD a/c Debit
Customs office a/c Credit
Payment to Customs Customs office a/c Debit
Bank a/c Credit
oods receipt against PO Inventory a/c Debit
GR/IR clearing a/c Credit