1. I am procuring the raw material (1000), which is excisable .
Firstr of all maintain J1ID - Excise Master Data for material, vendor, excise tax rates, etc...
Declare Material 1000 as Raw Material and 2000 as RG1 in J1ID.
Transactions: - 1. ME21N - Create Purchase Order with appropriate Tax Code for raw Material 1000 2. MIGO - Goods Receipt > Purchase Order of RM 1000 (Here Part 1 OR Capture OR Capture & Post Excise Invoice, as per requirement)
Vendor A/c - Cr - 1182 GR/IR Clearing A/c - Dr - 1000 CENVAT Clearing A/c - Dr - 182
Reports: - For Excise Invoice; 1. J1I7 - Query Excise invoices (Heresee report for ETT - GRPO) 2. J2I9 - New Monthly Returns Report Rule 57AE For Excise Registers; 1. J1I5 - Register creation for RG23 (Here Use classification key - ROP and update entry for Raw Material 1000) 2. J2I5 - Extract RG23A Part 1 and 2 3. J2I6 - Print Utility of Excise Registers RG23A Part 1 and 2
2. Using same material , i m going to do produce finsihed product (2000).
After Goods Receipt of FG from Production, follow the below Process;
For Excise Registers; 1. J1I5 - Register creation for RG23A Part 1 and RG1 (Here Use classification key - RMA and update entry for FG 2000 / Use classification key - IIM and update entry for RM
1000) 2. J2I5 - Extract RG1 Register and RG23A Part 1 3. J2I6 - Print Utility of RG1 Register and RG23A Part 1
3. Finally I am selling the material (Also excisable material).
Transactions: - 1. VA01 - Sales Order for FG 2000 of Value 1200
2. VL01N - Delivery and PGI of FG 2000
Accounting Entry:-
(BSX) Stock A/c - Cr - 1100 (Stock Value - MAP or Std. Price) (VAX) COGS A/c - Dr - 1100
Reports: - For Excise Invoice; 1. J1I7 - Query Excise invoices (Here use ETT - DLFC to see outgoing excise invoice) 2. J2I9 - New Monthly Returns Report Rule 57AE For Excise Registers; 1. J1I5 - Register creation for RG1 (Here Use classification key - IDH and update entry for Raw Material 1000) 2. J2I5 - Extract RG23A Part 2 and RG1 3. J2I6 - Print Utility of Excise registers RG23A Part 2 and RG1
And J2IUN - For Monthend Utilization for Sales Excise Invoices