Account entries with excise & without excise for Subcontracting process.

Please let me know the Account entries with excise & without excise for Subcontracting process.
Regards
PBR

hi..
check these links...
Accounting entries for subcontracting
and
Subcontracting process with excise duty??
It may help u..
Thanks

Similar Messages

Process flow of excise duty from procurement to sales accounting entry with amount.

Dear Expert ,
Kindly any one help the process flow of excise duty calculation from procurement to sales accounting entry with amount. for example.- if material amount is Rs. 10,0000 and excise duty is 8% , edu ecss 2 % , and sec ecss 1%. I want know the accounting entry on- MIGO, J1IEX, MIRO, F-43 AND , PGI, BILLING DOCUMENT, J1IJ , TR6 CHALLAN, J2IUN.
Regards
Akshaya

Hi,
In case of
A. Procurement : there are two types of procurement viz. Local and Import
LOCAL
1. MIGO
Inventory A/c Dr
To GR?IR
2. J1IEX
CENVAT Receivable (Basic) A/c - Dr
CENVATReceivable (Ecess) A/c - Dr
CENVAT Receivable (S & H) A/c - Dr
To CENVAT Clearing
3. MIRO
CENVAT Clearing A/c - Dr
To Vendor A/chrough
4. F-43
No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
5. TR6 Challan
PLA Payment (Basic) A/c - Dr
PLA Payment (Ecess) A/c - Dr
PLA Payment (S & H) A/c - Dr
To PLA on Hold A/c
IMPORT
1. MIRO
ECS+SECS on Cus+CVD A/c Dr (consists of ECS on custm+cvd and S & H on custm+cvd)
CVD Clearing A/c Dr (consists of Additional Duty CVD and CVD)
Customs Clearing A/c Dr (consists of Basic Customs)
To Customs Vendor
2. MIGO
Inventory A/c - Dr
To GR/IR A/c
To Customs Clearing (consists of Basic Customs)
To ECS+SECS on Cus+CVD (consists of ECS on custm+cvd and S & H on custm+cvd)
3. J1IEX
CENVAT Receivable (Basic) A/c - Dr
CENVATReceivable (Ecess) A/c - Dr
CENVAT Receivable (S & H) A/c - Dr
To CVD Clearing
4. F-43
No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
5. TR6 Challan
PLA Payment (Basic) A/c - Dr
PLA Payment (Ecess) A/c - Dr
PLA Payment (S & H) A/c - Dr
To PLA on Hold A/c
Sales
1. PGI
COGS A/c Dr
To Inventory
2. Billing Document
Excise
ED Suspense A/c Dr
To Liability for BED
To Liability for ECS
To Liability for S & H
Customer
Customer A/c Dr
To ED Suspense A/c
To Revenue
To VAT / CST
Hope your doubts are clear.
Regards,
Tejas

Clearing of Change in Stock Account at the time of GR for Subcontracting

Dear,
We have created a PO with Item Category "L" for subcontracting.
At the time or GR system has posted below accounting entries:
GR/IR clearing account 500 -
External service account 500 +
Stock account: end product 950 +
Change involving stocks 950 -
Stock account: comp. 450 - (components cost)
Consumption account 450 +
I want to know how to clear Change in Stock Account.
Please advise.
Regards,
Vivek

Hi:
        As per my understanding this happens when MIGO is done in case of a subcontracting PO
Stock-CS/RM                                     Dr
GR/IR Clear RM/PM/CS                             Cr
Inventory Change Sub-Cont RM     Dr
Ext Serv Sub-Cont                             Dr
Stock-CS/RM                                             Cr
Sub-Cont Cons RM                             Dr
Upon MIRO
Ext Serv Sub-Cont                             Cr
GR/IR Clear RM/PM/CS             Dr
Inv Change Sub-Cont RM     Dr
Vendor                                            Cr
Duties                                      Dr
Stock-CS/RM                                   Cr
Hence Inventory change account is cleared as soon as MIRO is done. Hope it will clear your understadning
Regards

Not able to clear bank statement accounting entry with payment document.

Hello FI guru,
We are facing problem to clear bank statement accounting entry with payment document posted via t.code F110 (Automatic payment program).
There is only single entry for payment in bank statment . But many entries in F110 for different vendors. Will posting the bank statement entry i.e Bank clear account Dr
To Bank main account
Its post with an error Error F5 263 the diference is too large.
We are using muticash format & we have use 4 which clear Dr GL
Request your help to resolve the problem Whether we missed any configuration or we have develop program for the same

Hi,
This error generally is due to tolerance error. Please check the assignment of the user id with the relevant tolerance groups. Let me know if it worked.
or go through the following link
F5 263 - The difference is too large for clearing
BR,
Satya

Can someone tell me how to create accounting entries with the account status as error

Hi,
Can someone tell me how to create accounting entries with the
account status as error?
Thanks!!
Danny

It's call fixed/static background, and it is NOT directly support by iweb, you will need post processing either in html or javascript.
Varkgirl (you need to search the previous forum) and I did it since iweb1:
try Safari, and scroll: http://www.geocities.com/[email protected]/Links.html
invisible link? roddy, fishing for info again?

Individual purchase order - Accounting entry with account assignment M

I want to use the individual purchase order with account assignment M .
Can someone please tell me what would be the correct accounting entry during GR and during delivery?
Process is
Order -> pruchase req -> purchase order -> Goods receipt - > Delivery-> Billing
During order creation system asks for a consumption account against GBB-VKA
On GR the below entry is posted .
Dr GBB-VKA consumption
Cr WRX GR/IR .
Is this correct ??
If so what is the entry after delivery goods issue .

Hi Hitesh
I am now wondering if this is possible
When PO has acct assignment to CC or IO, GR hits consumption
With Wbse, it can hit to stock account. Am wondering whether it will hit stock account if the PO has acct assignment to sales order...
I have seen sap notes for this scenario and my memory says I have seen the GR hitting consumption in those notes. There was an issue in scn where price diff upon invoice in such a scenario was not hitting vprs. For that there was sap note.
Let us hear from others
Let me tag some stalwarts here. Waman Shirwaicar Szymon FIN Maslowski arturo senosain G Lakshmipathi
Br. Ajay M

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Accounting entries at billing and excise invoice creation in J1IIN

Hello Guruz
I need to know the accouning entries at the time of billing and the excise invoice creation in J!IIN.
Thanks in advance.
Regards.

Hi
At the time of Billing Customer a/c will get debited and Sales revenues a/c will get credited.
At the time of Excise Invoice Excise paid a/c will get debited and all excise duties (Cess, Basic,S cess ) will get credited.
Hope this will helps you..

Error while posting GR for subcontracting process

Dear Friends,
while creating a GR for a subcontracting PO, I get the following error. please suggest what to do. i checked the configuration for the movement type and could not come up with the solution.
Fld selectn for mvmt type 543 / acct 7449990 differs for Vendor goods movement (014)
Message no. M7093
Diagnosis
Comparison of the field selection strings from movement type 543 and G/L account 7449990 has revealed that there is an incompatible field selection combination at one or more points.
Field for which the field selection is different: Vendor goods movement
Example
On the movement type screen, a given field is a mandatory-entry field, whereas on the G/L account screen, the same field is suppressed.
System Response
You cannot post this transaction, unless you have changed the field selection adequately.
Procedure
Contact your system administrator.
Action to be taken by the system administrator
Check whether any postings resulting from this movement type are to be made to the G/L account determined automatically. If you find that the G/L account is not correct, check the automatic account determination in the Customizing system for valuation.
Proceed
If the G/L account is correct, use the report RM07CUFA to compare the field selection for the movement type with the field selection for the G/L account and change the incorrect settings or the field status group of the G/L account.
Proceed

The field is mandatory in acct 7449990 and hidden in movement type 543 or vice versa. To check the field status for that movement type, you can run the program RM07CUFA
Once you execute this program and found that the field is set to mandatory, then it should be mandatory for that movement type field status also.
Alternatively, Go to txn OMJJ, click on Movement Type and execute. There double click on "Field selection (Enjoy) and see whether the movement is maintained as Required Entry or Optional Entry.
Now go to FS00, input the G/L Account 7449990 and execute. There go to tab Create/bank/interest and chech whether you have maintained any value against "Field status group" and also you have checked the box for "Post automatically only".
This should be done in consultation with FI people only if the issue is in production client.
thanks
G. Lakshmipathi

FICO Impact for Subcontracting process

Hi Experts,
can u please explain the impact of Subcontracting Process (specialy in GR/IR) On the FICO area, with transaction keys (FRL ....) involved.
thank u very mutch.
NB: If u have a doc on this please send on [email protected]
Thanx In advance.
S.D

Hi
Suppose you have semi finish product for which subcontractor consumed one raw material from you,then while doing GR and IR your accounting entries are as follows:--
While making GR:-
1.Dr in Stock accountBSX.OP+RMP
2.Cr in Change in stock accountBSVOP+RMP3.Dr in External activityFRL.OP
4.Cr in GR/IR clearing acctWRXOP
5.Dr in Raw material consumption acctGBB(VBO).RMP
6.Cr in Stock acct of raw martlBSX.RMP
OP:-Operating price or labour price
RMP:-Raw material price.
While making IR:-
1.Cr in Vendor account--OP+Tax or deviation
2.Dr in GR/IR clearing AcctWRXOP
3.Dr. in Tax account(Input)--VST maintained in Tcode OB40-Tax or deviation.
FRL transaction key used for posting your labour cost and same will be credited in your GR/IR clearing acct.
Because in subcontracting you only pay for Subcontractor's Labour charges.
Reward if it helps
regards
rb

Serial numbers for subcontracting process

Hello Experts,
We are using SAP ECC 6.0 and trying to implement the subcontracting process with serial numbers. This scenario is focused on those materials that we need to keep track on how many times it has gone to repair (for example, a motor) by specific item. Suppose there's a material called "Material A". However, there are MANY "Motor A"'s, and thus, the need for serial number to keep track on the number of repairs each one has had.
So, having said that, the scenario is working so far. However, the user CAN'T type in the serial number of the material at the REQUISITION LEVEL. This can be done at the PO level and at the goods receipt level.
This brings a problem since the Purchasing dept. doesn't know the serial number. This information is known by the user, but there's "serial number" functionality in the requisition. Is there a configuration for this? Could it be possible for the serial number to be in the requisition and then inherit it to the PO?
We want this in order to automate the process.
The configuration we made was in the "Plant Maintenance and Customer Service" section, using procedures MMSL "Maintain goods receipt and issue doc." and POSL "Serial numbers in purchase orders". There's no procedure for purchase requisitions. If this can be also done from a Work Order, that will be just fine.
Let me know if it is possible or if you have any idea on how to do this.
Regards,
Gilberto Gallardo.

Hi,
Serial no can be used for the following business transactions.
1. Goods Receipt/Goods isssue and other inventory postings.
2.sales orders and delivery notes
3.maintenance orders
4.production orders.
Settings:
1. create a serial number profile in customising.
2. Assign the serial number profile in the material master record in work
scheduling view for fert and raw material in plant data / stor2 view..
Business procedures may be assigned in configuration to a serial number profile.
The assignment to the serial number profile determines if serial numbers are required , can be assigned, must be assigned,are assigned automatically
MMSL : Goods issue , receipts,stockj transfers,stock transport orders
Thanks
nandha

Tables for subcontracting process

Hi All,
Pls tell the tables for components in subcontracting process.
Regards
Sunil

Hi
After creating a subcontacting po, it will update the following tables
RESB , EKET , EKKO, EKPO
Join the two tables RESB and EKET with RSNUM , PO NUmber, Line item as the linking field, if u pass the PO Number in the EKET Table then you can able to see all the components that you have mentioned in the PO for the Final Product. This component is not from the Material BOM , its from what you have maintained in the PO.
Pls clarify in your query , completing means closing the PO with GR,IR or just PO creation.
Regards
Amuthan M.
Edited by: Amuthan M on Nov 3, 2009 2:28 PM

Save for Web with Optimize File Size for Batch Process

I have a client who needs to be able to run a batch process on jpg images ranging in size from 600KB to 2.5MB optimizing their file size as close to 200KB as possible. The feature is included in Photoshop's save for web optimize dialog but it doesn't work for batch processes. If you record an action with the optimize to file size option set it processes all the images in the batch based on the quality settings required to resize the image you used during recording, meaning if the image you recorded was 1.5MB the quality setting might be 70 percent to hit the 200KB mark but that wouldn't be the correct quality setting for a 600KB file nor a 2.5MB file those would either be too small or too large.
I've done quite a bit of searching both online and in the photoshop scripting forums but I haven't been able to find anything that would point me in the right direction.
My client's paying for this work so if there's someone who knows how to script this who'd rather be paid than just do some pointing we can arrange for that quite easily.
Thanks in advance for your assistance and suggestions.
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If you don't mind spending a few bucks on a shareware prog, Jpegsizer has the option to save to a filesize.
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Changed name on account, services were changed without permission for more $$

Hi, I'm trying to resolve a situation that has me baffled. I recently moved and had to sign up for new FiOS service at my new apartment last week (I had FiOS at my old apartment, but couldn't just transfer my services because Verizon didn't offer those plans anymore, so I signed up for a new triple play bundle for the new apartment). Everything was installed and I was up and running on Thursday. Good stuff. Fast forward to today, when I realized that the last name on my account needed to be changed, so I called this morning to change the last name. I then get an email from Verizon saying that my new plan would be $10 extra a month, and that I would now be looking at a $250 bill come August (versus the original $172 I was quoted for August) because I changed my last name. Huh? It turns out the representative I talked to this morning changed my internet from 50/50 to 75/75 without my permission for an extra $10 a month. I later discovered that when you change your name on your Verizon account, Verizon considers this to be an act of signing up for a new plan, which the representative never disclosed to me during our conversation. Had I known this, I would never agreed to change the name and just left it as it was. But now it's too late, and I've been signed up for a more expensive monthly plan that I didn't agree to. What's worse, no one can explain to me why I'm looking at a $250 bill for August. If the bump up to 75/75 internet (which I didn't authorize in the first place, but okay fine, let's say I accept the unauthorized change) was an extra $10 a month, the prorated amount should not have changed the expected bill in August from $172 to $250. Something is very wrong here and things do not add up. I have called back twice now and gotten nowhere with the people I spoke with. Is there any other avenue I can take to get answers to what is wrong here? Thanks in advance.

Hi stormgrl,
Your issue has been escalated to a Verizon agent. Before the agent can begin assisting you, they will need to collect further information from you. Please go to your profile page for the forum and look at the top of the middle column where you will find an area titled "My Support Cases". You can reach your profile page by clicking on your name beside your post, or at the top left of this page underneath the title of the board.
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Costing/accounting views necessary for subcontracting process?

We get materials from a customer for packaging. Over the whole process the customer is the owner of the material and we just charge the costs for packaging. We create a sales order which collects all the costs regarding this process. After creating this sales order we do a goods receipt with movement type 501 and book the material in the special stock type E. Now my question is if we need the accounting/costing views when we consume these unvaluated materials in process orders?
Thank you in advance
BR,
Mike

>
mike kleemann wrote:
> We get materials from a customer for packaging. Over the whole process the customer is the owner of the material and we just charge the costs for packaging. We create a sales order which collects all the costs regarding this process. After creating this sales order we do a goods receipt with movement type 501 and book the material in the special stock type E. Now my question is if we need the accounting/costing views when we consume these unvaluated materials in process orders?
>
> Thank you in advance
>
> BR,
> Mike
Not required, No need to Maintain accounting & costing view ( since the material is owned by the customer.)

Account entries with excise & without excise for Subcontracting process.

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