What are the accounting entries in consignment sales
(excisable material).what are the forms we use in when we
deal in excise material
Answer / amit srivastava
For Outgoing Invoice (Billing) -
Customer's Receivables Account - Dr.
Revenue - Cr.
Discounts - Dr.
Freight - Cr.
Excise Duty Payable - Cr.
Tax Payable - Cr.
For Excise Invoice for Factory sales and STO -
Cenvat Suspense Acc. - Dr.
Cenvat Paid - Cr.
For STO - there are no accounting entry for Billing
(proforma Inv.)
For Depot sale while capturing excise th. J1iJ - there are
no accounting entry since the duty is passed on.
For Consignment -
Fillup - No billing, no excise
Issue - similiar to sales
return - opposite to sales
pickup - no billing, no excise
Is This Answer Correct ? | 1 Yes | 3 No |
Define whether the material can be used at which sales and distribution process
Before implementing SAP claint was using which software in ur projest
I created a new info structure and activated update rules for it. What is the best way to transport them into a productive system?
If customerwants to maintain safety stock for availability what is the configuration we have to do.
What are the configurations steps for packing?
Integration between mm,pp&sd
"what is your lavel in the company" interviwer asked me in the interview
what are all steps we need to follow to create functional specs? (or) what is the general format to create a functional specs?
Once picking is done in delivery not able to do PGI what would be possibe errors
hi I am ramesh. I have a doubt on customization and configuration process. Is Sap Sd consultants do configuration or customization. pls tell me any one
Please Explain the third party process in detail. As you know there is no delivery from the business point of view from the customer. So how does system specify a delivery date? Also do we use billing type F1 or F2 for the billing process in third party and why?
How request transport fron one server to another and what is the role of functional and Basis consultant.