Capital Utilization

Hi,
We had procured 4 Capital material in current year done GR > J1IEX= 50% in Current year> MIRO
Now we have to sell 2 of the capital material.through Sales process> sales order > Billing > J1IIN.
Before that we need to transfer of 50% credit which is due through J2I8 but when i select particular that vendor i don 't have the option to transfer for only 2 material as there BED values shows for entire 4 Material but i have to utilized only for 2 material which we had sold but remaining 2 material we have to utilized in next year as Excise Norm.
Regards

in J2i8
say for eg u have 50 % amount is 5000 bed 200 ecs and 100 hecs this is amount for qty 4
u will have to change the amount manually to 2500 bed 100 ecs and 50 hecs and save
next time when u will see J2I8 again after posting u will c removing amount only
this will solve ur issue

Similar Messages

Capital Goods Entry

As per the legal aspect , when the company buys a capital goods, 50% of the Cenvat amount can be utlized for the current year while the other 50% should be utlized in subsequent financial year. As per this scenoria , our client had taken only 50 % of Cenvat Amount in the last financial year , now they want to take the credit of unutlized credit for this financial year .
1. How to utilize the previous years Unutilized Credit Amount for the current year.
2. How the Unutilized amount is tracked in the Rax Payment Wizard .
Help me to sort out this issue . As this issue is very serious as the client had to run the tax payment wizard for the current month .
Thanks

Hi balaji jaganathan
check this note
[India: No Credit shown in Tax Payment wizard]
[ 1359068 ]
and also check you have set this
under Admin >> Setup >> Financial >> GL detemination >> Under Purchase TAB >> TAX > Capital goods on hold Percentage >> 50% (Give the percentage here)
Edited by: Prasanna s on Aug 6, 2009 1:47 PM

CAPITAL GOODS credit.

Dear all,
A capital goods is sent to subcontractor for some Job work , it does not come within 180 days , resulting the duty is debited as per rule in transaction code J1IH . subsiquently the goods are received back. Now while making the JV to re credit the debited amount in J1IH the system by default credits 50% amount(since it is a capital goods) instead of 100% as this is not the purchase for the first time. (here the challans are maintained manually )What should be done to post the entry by 100% in this scenerio ?
Regards,
Ashish

Hi,
I did not understand the question fully, but still would try to answer it.
You say that the remaining credit of 50% was not taken in the opening balance. Does that mean that you want to take it over now?
If yes, then the procedure is like this:
Lets say that there is a credit of Rs.50 to be taken over to SAP. To pass this entry, you have to use the transaction J1IH - Additional excise tab (RG23C)
here fill the details and pass the entry for exactly the double of the credit to be taken. In this example, pass an entry for 100.
This ensures that Rs.50 goes to the Cenvat of hold account and the remaining Rs.50 goes to the normal excise accounts. This amount of the second Rs.50 is not required and so we have to reverse it using J1IH - Other Adj (RG23A).
With that you would have the opening balance of the Cenvat of hold in SAP and then you can utilize it.
If you say that you do not want to upload the opening balance and still want to take credit of the remaining 50%, then I feel that there is something fundamentally wrong in the upload of the opening balances as the opeining balance sheet would not tally.
Hope that answers your question
Thanks and Regards
Venkatesh A K

Cenvat on Capital Goods

Hi all,
Whenever credit on capital goods need to be availed, you can claim 50% of credit at the time of receipt by specifying ‘Yes’ in the ‘Claim CENVAT.
Now I want to know that where I have to setup / define the percentage of CENVAT credit the user wants to take immediately on PO receipt of the goods.
regards
Sanjay

Hi
I know the standard scenario for Excise and its related settings. Our system is also working absolutely fine for the 50% Cenvat credit utilization.
But the customer wants to have a process like that of as I had explained earlier.
Can you suggest whether it is possible.
Thanks,
Chaps

CAPITAL GOODS CENVAT FOR 2007-2008

hi,
This is with reference to Cenvat of Capital Goods I.E.50 % of 2007-2008,We have uploaded balance on 16 th Nov-2007 & now this balance we haveto utilize in current year. What will be the procedure for Excise & Finance Record. ?
Please give the detail procedure & also note that we have done J2I8 for the period 16 u2018th Nov-2007 to 31u2019st Mar-2008
regards
ssp

J2I8 transaction code- give comp code, excise group, plant. then execute
you will get list of vendor excise invoices
you check required excise invoices and click on 'transfer credit'
you will get entries in RG23C part 2 register.

Capital One 5 day hold on payments.

I was using my capital one card like normal running somewhat of high balances and then paying them right off. I always pay on time and I always pay before the statement closing date. However, paying the card off in full before the statement closing date seems to trigger some sort of hold for five days. I'll be calling to get the hold removed as soon as the ACH payment shows up on my bank account.
The reason I always pay in full before the statement closing date is because I don't want Capital One to report a 100% credit utilization for the month to the credit bureaus.
So now you can see how a five day hold would throw a wrench into my plans.
Here's the thing though. Once I scheduled the payment, Capital One's accounts show 0 balance on the card, but a 0 available funds on the card as well, while its in this 5 day hold limbo.
Well, here comes the statement closing date, on a *Monday (see edit). So what the heck is going to be reported to the credit bureaus?
Will it be a 100% credit utilization? Will it be 0% credit utilization?
Either way, it's not good. I would be better off paying a lower amount to see if there was a chance that it would be processed in a timely manner.
However, I can't do that during the 5 day hold. I can only do that once the 5 day hold is over.
If the payment hasn't been processed then I can only assume that they will report a credit utilization percentage of 100 percent. Like I spent.
What do you think? I'll be waiting as the weekend passes. Then, I'll call in on Monday; the day of the statement closing date. I might be able to get the hold released, push the payment through by the end of day. And then I will have a low balance reported to the credit bureaus. I'll have all A's on my credit score. edit: a mistake was made earlier in this post. the statement closing date is actually on a Sunday. So it's too late to try to push a payment through now. It's going to report as it was on that day.
UPDATE: It's Monday. I woke up at 6am and everything worked out perfectly. Capital one was happy to release the funds it took all of 5 minutes, and now I'm back to a card with a full balance.
UPDATE 2: 12:00 PM on Monday, the statement came in. It went just about as perfectly as possible. I'm all set with Capital One and my statement, everything is paid, and it correctly reported to the agency. Under 10% of my limit with full credit availability. I got an A.

motoleo wrote:
^ (Gasp) I can't have that happen to me. I can't have them report a 98% (105% in my case) utilization ratio! It mustn't. I have no other cards. This is my only card. It's just a platinum. The limit was just increased to 500 dollars. I never had any returned payments until they did the 5 day hold. You really don't know where the money is because everything is always pending.Are you waiting until the statement closing date to time your payment, or only few days ahead of statement closing, and making that one payment per month? That's a knife edge you are dealing with. On a $500 card, I'm all for maxing that puppy out and then PIF by the payment due date, but that presumes one stops using the card before the limit. If you are using this as your main spend vehicle, that is fine. You need to pay it more often. When you get to $250, set up an immediate payment on Capital One's site to pull the $250 from your bank account. That will take a few days to clear, meanwhile you continue to charge on the card. When you have charged another $250 of spend on the card, log on and schedule another payment to pull from your bank account. Alternatively, on Saturday, look at what is in your Capital One Open Balance, and schedule a payment to pull from your bank account to pay it on Monday. Let those balances report, whatever they are. You may think a $500 statement balance is a Bad Thing? It is not. Over the course of time, when you show that you can report those kinds of balances and PIF, then you will start to get better cards, to give yourself breathing room. And +1 to the comments that you can't allow these payments to be returned. Ever. When you commit to a payment going to your credit card, you no longer have those funds available in your checking account. As another alternative, open a checking account at Capital One. This will provide the instant payment from your checking to your credit card that you want to see. Good luck!

Rebuilding help- need tips for Capital One Accounts

Hi- Thank you all for all the wonderful information, you make rebuilding seem so easy and attainable! I never realized all the different versions of scoring, how to do debt validation, get errors removed from my report and where to focus my attention. Just 2 months ago my scores ranged between 556-580, today they range from 600-611 so little improvement over the last couple months. Here is the situation I am in. I have 3 capital one cards, 2 of which are platinums with $500 limits and 1 is the old Orchard Bank card w/$300 limit. These cards are 6-8 years old. I also have a Fingerhut account w/a $1650 limit, totalling $2950 in credit of which $640 is in use so utilization should be about 22% (making a little more headway on this util each month). I have been 100% ontime w/Fingerhut for the last 2 years. 100% on time w/my auto loan for the last 36 months and almost always on time w/Capital one except for 3 months Sept-Nov in 2014 where I went over my balances and accrued over limit charges that brought my minimum payments up. Technically I was still on time but the $50 a month per card I was giving them wasn't enough for the min payment. I was in a tight situation at the time, they reported those 3 months as late for all 3 cards. I went years before this paying 100% on time every month but always carrying a high balance so they never increased my limits earlier even though payment history was good. Now that my utilization is down and its been 8 months since the Capital one dings, I applied for CLI's on these cards and received letters denying the increases as they said tehse late payments are too recent. I read that a lot of people have success w/CLI's after about 6 months. I've called twice to see if they would good will any of those late payments, I was shot down immediately the first time, the 2nd time I had a nice woman but she wouldn't budge either, she politely told me she went back and looked at those statements and I was indeed not meeting the minimum payments & the only thing she could do was to mail me hard copies of those statements. I really only have 1 major collection on file thats affecting my score for a little over $1000 w/a CA that I've never heard from via phone or mail yet they are accruing charges each month. It showed up in my file late in 2014 for a card that went delinquent on about 2.5 yrs ago. I haven't decided how to handle this collection just yet, PIF right now is not an option for me so before I figure out how I want to approach this I thought I'd try to make some headway w/Capital one first on my limits andutilization. Does anyone have any recommendations? I've lowered my utilization while still using the cards frequently, just paying down more and paying on time but am getting nowhere on goodwills or CLI's and persistence is not my strong suit. Do you recoomend I wait until I have a full 12 months of on time payments before I try again? I did prequal for the QS card but am afraid if I submit, I'll only get rejected for the same "recent late payments" that they rejected my CLI requests for even though they are going on 9 months old.... Does anyone have luck w/a new Cap 1 card while not having luck w/CLI's? Should I try for another card, Anybody get accepted for Barclays card w/low 600's score? I only have 4 inquiries on my file right now. 1 is old, should drop off next month, the other 3 were recent apps for a rental property, no inquiries from credit cards in 2 yrs. Thanks in advance for any advice!!!

Cam0215 wrote:
Hi- Thank you all for all the wonderful information, you make rebuilding seem so easy and attainable! I never realized all the different versions of scoring, how to do debt validation, get errors removed from my report and where to focus my attention. Just 2 months ago my scores ranged between 556-580, today they range from 600-611 so little improvement over the last couple months. Here is the situation I am in. I have 3 capital one cards, 2 of which are platinums with $500 limits and 1 is the old Orchard Bank card w/$300 limit. These cards are 6-8 years old. I also have a Fingerhut account w/a $1650 limit, totalling $2950 in credit of which $640 is in use so utilization should be about 22% (making a little more headway on this util each month). I have been 100% ontime w/Fingerhut for the last 2 years. 100% on time w/my auto loan for the last 36 months and almost always on time w/Capital one except for 3 months Sept-Nov in 2014 where I went over my balances and accrued over limit charges that brought my minimum payments up. Technically I was still on time but the $50 a month per card I was giving them wasn't enough for the min payment. I was in a tight situation at the time, they reported those 3 months as late for all 3 cards. I went years before this paying 100% on time every month but always carrying a high balance so they never increased my limits earlier even though payment history was good. Now that my utilization is down and its been 8 months since the Capital one dings, I applied for CLI's on these cards and received letters denying the increases as they said tehse late payments are too recent. Once you get nine months out from the last late payment on the account (not just a reported 30, but service charge late) they will allow a CLI if your scores are high enough. I read that a lot of people have success w/CLI's after about 6 months. I've called twice to see if they would good will any of those late payments, I was shot down immediately the first time, the 2nd time I had a nice woman but she wouldn't budge either, she politely told me she went back and looked at those statements and I was indeed not meeting the minimum payments & the only thing she could do was to mail me hard copies of those statements. Yeah, Cap One is pretty strict with their reporting. I really only have 1 major collection on file thats affecting my score for a little over $1000 w/a CA that I've never heard from via phone or mail yet they are accruing charges each month. It showed up in my file late in 2014 for a card that went delinquent on about 2.5 yrs ago. I haven't decided how to handle this collection just yet, PIF right now is not an option for me so before I figure out how I want to approach this I thought I'd try to make some headway w/Capital one first on my limits andutilization. Does anyone have any recommendations? Is the OC also reporting that delinquency? If so are they showing an unpaid balance? With Cap One, they like to see heavy usage, and low reported balances. Keep requesting CLI's online until you get some joy - you just need to get far enough away from those lates. I've lowered my utilization while still using the cards frequently, just paying down more and paying on time but am getting nowhere on goodwills or CLI's and persistence is not my strong suit. Do you recoomend I wait until I have a full 12 months of on time payments before I try again? I did prequal for the QS card but am afraid if I submit, I'll only get rejected for the same "recent late payments" that they rejected my CLI requests for even though they are going on 9 months old.... Keep trying every month - use the online link for it, don't call them. Don't worry about CLI denials, they won't be held against you in any way. JUst keep plugging away and check the denial reasons. I was getting the same thing all last year until Jan when I sarted getting "score reasons", then they tripled my limits in Feb. Does anyone have luck w/a new Cap 1 card while not having luck w/CLI's? Should I try for another card, Anybody get accepted for Barclays card w/low 600's score? I only have 4 inquiries on my file right now. 1 is old, should drop off next month, the other 3 were recent apps for a rental property, no inquiries from credit cards in 2 yrs. Thanks in advance for any advice!!! Right now you would only qualify for the "average credit" level Cap One cards, and they are an auto-deny for having two or more cap one accounts already. (its stated in the disclosures), so do not app for any more Cap One cards until scores are in the high 600's - then app for the "excellent credit" cards. Since you have a long history with the cards, you might try Barclays (I was approved for Barclays with 618 TU score), but wait until your last 30 day late is over 12 months old.You're actually doing fine, just need to move out a bit from those lates that occurred last year. You might also call and get them converted to QS/QS1 reward cards.

Capital One Executive Office - no response to my emails

I sent the Capital One EO a very nice email two days ago, requesting CLI's on both of my cards. I have yet to receive a response. Should I just call them instead?  Here's the email I sent:
Hello Capital One! I've been with the Capital One family for about 10 months now. I appreciate the company extending credit to me, and use both of my Capital One cards on a regular basis. I have several other credit cards that I can use, but I prefer to purchase with my Capital One card when I can because of the great cash back no-hassle rewards.  I started with a Platinum card, and a couple of months later applied for a Quicksilver One card. Recently I have upgraded my Platinum card into a Quicksilver One card, so I'm earning cash back with both now- something I'm very happy about.  The only trouble I have with my cards are their very low limits. I started both cards in the Credit Steps program, and both limits are only $500. I have to make several large payments every month to keep my credit under the limit, and I have to be very careful about staying below 30% utilization before my statements generate. Honestly it's a bit of a pain to make sure I have enough available credit, and I pay the bill often enough to keep my balances low.  I am respectfully requesting to have my card limits raised to $2000 each. This will allow me to charge the amounts I need, without having to make several payments every month.  I would greatly appreciate a followup to this email. I can be reached via phone at xxx-xxx-xxxx

DeeBee78 wrote:
I sent the Capital One EO a very nice email two days ago, requesting CLI's on both of my cards. I have yet to receive a response. Should I just call them instead?  Here's the email I sent:
Hello Capital One! I've been with the Capital One family for about 10 months now. I appreciate the company extending credit to me, and use both of my Capital One cards on a regular basis. I have several other credit cards that I can use, but I prefer to purchase with my Capital One card when I can because of the great cash back no-hassle rewards.  I started with a Platinum card, and a couple of months later applied for a Quicksilver One card. Recently I have upgraded my Platinum card into a Quicksilver One card, so I'm earning cash back with both now- something I'm very happy about.  The only trouble I have with my cards are their very low limits. I started both cards in the Credit Steps program, and both limits are only $500. I have to make several large payments every month to keep my credit under the limit, and I have to be very careful about staying below 30% utilization before my statements generate. Honestly it's a bit of a pain to make sure I have enough available credit, and I pay the bill often enough to keep my balances low.  I am respectfully requesting to have my card limits raised to $2000 each. This will allow me to charge the amounts I need, without having to make several payments every month.  I would greatly appreciate a followup to this email. I can be reached via phone at xxx-xxx-xxxxI think you just need to wait several more days. I've read that the EO office can take a week or so to reply but that they do eventually reply.

Capital One Luv or no Luv???

I have two capital one regular platinum cards. The CL are $1400 and $2000. Utilization is 50% no missed payments. I recv'd minor ($300) increases on both cards back in March 2015. I hit the love button last week (3 months out) and was denied. Although I've been reading to wait 6 months with Cap1, I've been a member since 2004 and rarely had any increases. I know this was primarily due to high utilization (over 70% on all accounts) but said what the hell and called the EO to ask for manual review for CLI. The rep told me she would upgrade my cards to Quicksilver cards but said she submitted the manual request for increases and I would receive a letter in the mail in 7 - 10 days. I mumbled, "so I am denied, right?" and the rep said, "no it REALLY is under submission." Is that just EO jibberish for denial, or has anyone had luck w/ cap1 CLI after getting 7 - 10 day letter talk from EO??

My experience with Cap One has been great. I've contacted the EO once and got an increase within 2 days. Funny thing is that I have NEVER received a letter informing me of that increase, I just kept going into my account and noticed the new CL. They do send your file to a credit analyst for a review. I was given the 7 to 10 day window for a response. It definitely doesn't take that long. I've had great luck with CLI with Cap.One. I keep my utilization between 15 to 22% and I pay them at least twice a month. Good Luck!

Capital one Approval!

So i'm working on rebuilding my credit after getting my chapter 7 discharge in february. I was planning on opening a second secured card next week, but decided to go ahead and try the capital one pre qualifier just for the hell of it. To my surprise they said I was pre-qualified for the Capital one Platinum, and the QuicksilerOne card. So I went ahead and applied for the platinum, instantly approved. Then I remembered someone on the forum saying that if you were approved for one card through them then you would most likely be approved for a second one, so I went ahead and applied for the quicksilver and was approved for that one as well! Both have a $300 limit which may not seem like a lot but to someone like me who is young, in college, has 3 kids, and trying to build a credit history, it is great. So I guess now I probably won't be needing that second secured card through my credit union. It's only through using this website that ive been able to gain the knowledge to begin my credit rebuilding journey, and i am truly greatful, so thank you! Edit: Do you guys think it is worth applying for an amazon store card? or am i likely to be declined? Reason I am asking is i've had my eye on an air conditioner on there and was planning on just paying cash for it when I get payed monday.

Excellent! Congrats! In my wallet: Venture 15k; Barclay Ring 12.5k; Discover 10k; CareCredit 7.7k; Amazon Store Card 5k. QS 5k; Band of A Travel Rewards 3.5k; Bank of A Travel Rewards 3.5k; Bank of A Platinum Visa 2k; Barclay Apple Rewards 2k. Total Credit: 66,200. 7/2-FICO: EQ - 788; TU - 777; EX - 690; Utilization: 12%; GOAL: 780 across the board then 800 across the board. Inquiries: EQ: 5 TU: 7; EX 3; Chapter 13 seven years May, 2015. Reset my garden date to 6/27. Gardening until further notice.

Confusion About Utilization Rate

Hey Guys, I am completely new to credit, as I am a college student. I am trying to build a strong credit score, so I want to make sure I take all the right steps. As of right now I only have one credit card. I got approved for Capital One Journey, with a credit limit of $300. I have a few questions as to how I should go about spending and paying for this card. I was originally planning on spending a large portion of the $300, then paying off my whole balance by the due date. But I am reading that I should not spend more than 9% of my credit limit, to keep my utilization rate <9%. Is this true? So, essentially, I cannot spend more than $27? With such a small credit limit, this seems like a ridiculous amount to which to limit myself, so I am wondering if I am understanding the utilization rate correctly. Or does <9% utilization rate imply I should carry a balance of less than $27 and not pay off the balance in full each month? Aren't you supposed to never carry a balance (especailly with such high student credit card APR rates)? I am confused..help! Thank you so much!

Thomas_Thumb wrote:
takeshi74Valued Contributor wrote: I'd be careful with that advice. Utilization isn't just a scoring factor but a risk factor as well. 80% is very high regardless of the state of credit one is in. Short term high utilization generally isn't an issue but prolonged high utilization can get one into trouble. Let me clarify my statement. I don't mean to encourage persistent high spending as it is not necessary to demonstrate ability to handle credit. My thought was more along the line as follows for monthly utilization: 20%, 10%, 50%, 10%, 80%, 0% - then request a CL increase and if asked: "what credit line amount you are looking for?" perhaps say: I would like a CL of $750 but $500 would be enough to ----. If there is only one credit card open to report; a high utilization on a low limit card is not unexpected. If the balance is paid in full every month the credit card company will know this when reviewing payment history. Paying in full by due date demonstrates ability to handle credit to the issuer. Ability to pay a high percentage of an existing CL in full sends a strong signal that you can handle more credit. The "pays as agreed" will show on a credit report regardless of when you PIF. However, the balance reported to the CRA depends on payment timing. I PIF monthly according to statement just because I find it so much easier than some type of timing of payments to show a zero balance at some moment in time. Don't obsess over payment timing to show a zero balance (really it is best to show a non zero balance when you only have one card) - Key is to avoid a late payment and PIF if possible. It is important to use credit to get credit. You are 100% right on that, just letting non-trivial balances report does change your FICO instant-in-time calculation. I would also agree when just starting out there's far more important things than obsessing about revolving utilization, you only are looking to keep a couple of lenders happy at that point and can change up the metrics before you take the step into the second tier. If you're not making an application not much really matters unless someone decides to do an AR and take exception to it (I let my balances fall wherever 90% of the time and even let a new tax lien hang out on my report for several months before getting the paperwork done, just didn't matter as I was credit idle) and once you get a large enough buffer from a limits and tradelines perspective, the calculation becomes trivialized when it comes to revolving utilization metrics; however, a lot of people aren't at that point yet. I might be after my post-mortgage app spree, but I'm not today on 9 lines at 34K in limits with my typical card habits. That said I run as much of my financial life as possible through credit cards and I'd really suggest everyone do the same; don't run up debt you can't simply write a check for (financing large purchases at favorable interest rates not withstanding) but I can't see ever going back to a cash-based existence as being optimal for anyone but as a last resort.

UTILIZATION Challenge !! Credit Addicts needed !

Hi all! So, this is a "what if" scenario that I need help with. My scores are climbing wildly as I pay down my cards, with a 10 point jump overnight just for bringing UTIL down on one card from $500 / 600 CL to $259 / 600 CL !! EX FICO. So, I want all you credit addicts to give me a ROUNDABUT (Yes I know there is no way to get na exact #) idea of how my score may jump by the beginning of August after the following pay downs post! I will be as detailed as possible: Scores on 4/1/15: TU 529 EQ 498 EX 517 Scores on 7/1/15: TU 557 EQ 555 EX 567
Scores as of 7/23/15: TU 601 EQ 586 EX 601 !! Barclaycard VISA Apple: WAS AT $2,990 / $3,000 - Will report as $2,600 / $3,000 on 8/1 (- $390) *** 0% APR. *** 86% UTIL down from 99% UTILNFCU Secured Visa: WAS AT $690 / 700 CL - Will report as $0.00 / $700 on 7/26 (- $690) 0% UTIL down from 97% UTILCreditOne Bank: WAS AT $315 / 400 CL - Will report as $340 / 600 CL (Was given CLI of $200!) 57% UTIL down from 79% UTILCareCredit: WAS AT $1500 / $3000 CL - Will report as $1399 / $3000 on 8/2 (- $101) 48% UTIL down from 52% UTIL *** 0% APR ***Western FCU: WAS AT $415 / 500 CL - Will report as $280 / 1,000 (Given $500 CLI!) 28% UTIL down from 83% UTIL Capital One QS: Brand new - not yet reported - $0 / 1,000 CL 0% UTIL and *** 0% APR *** until 4/2016 So, overall UTIL is going from ~ 81% to ~ 55% !!!! Still well above the recommended I know, but I am shocked to see how much scores have jumped just from paying down balances a little -- now these will all report with signifcantly different balances!!!! * Side note: No lates, all debt current for past 12 months. Student loans, auto loan, credit. One collection in dispute, 2 collections medical debt aging off in Spring time. Any forecasts would be appreciated, as well as any advice ! Thank you all !!!

Joeyzoom416 wrote:
Thanks guys. I'm going to work on getting Barclay down as the interest rate is awful after the intro APR. WORSE than Credit One!! Ridiculous. The others I will keep at or under 40% and less when I get the extra funds. My goal is 650 by Christmas and 700 by spring 2016! Doable ???Of course its doable. But scores will not climb like that from utilization alone. whatever is surpressing your score that is what you need to focus on. the fact you are at 601 says a lot of something is holding you down. ie. collections. charge offs or whatever. if you can get even 1 removed you would see a big increase. but bring your utilization down to 1% will not give you a 100 point boost in a year. no matter how hard you try.

Utilization of Duty

Hi iam doing implementation project how can we show there things to user
Plz explain me elaborate first I have 2 under stand this .then I have to show user
Utilization of Duty through (Cenvat/Capital goods/Additional duty/Service Tax) has to be shown.
Murli

hi,
u can do this by posintg some out goin sales invoices and some incoming invoices. post a JV in the PLA accnt. do the updation and extraction in j1i5 and j2i5. now in j2iun the system will give u the option to choose the accnts against which u need to do the settlements, PLA (credit here is created by teh JV) or the cenvat (credit here is created byt the incoming excise invoices). JV can be posted in j1ih. you can show them the accnt balnces before and after the utilisation is done.
saurabh
Message was edited by:
saurabh diwakar

Imports Capital Posting !!

Hi
During part2 posting (RG23C) for imported material(direct import - no trading activity) we see that half of CVD (with 2% & 1%) goes to cenvat on hold and half goes to cenvat clearing but full amount of ADC goes to cenvat clrg ....which is wrong ..... here also half should go to cenvat on hold and half should go to cenvat clrg.
Any ideas why this might be happening?
Thank You

Hi,
Refer the OSS Note ::910681
Summary is as below
Credit Rules
A manufacturer can take credit of ADC
A service provider can not take credit of ADC
100% credit can be taken for capital goods in first year itself.
Utilization Rules
ADC can be utilized against any excise duties except Service tax and ECS on service tax.

Cenvat on Capital Goods Procurement (CIN)

Hi SAP Gurus,
With respect to the Capital Goods procurement in CIN, my client has requested the following process -
Capital goods have 5 years useful life and want to sell it after 3 years usage -
Excise on the Capital Goods = Rs.20,000/-
So this year Cenvat Credit = Rs.4,000/- and the next 2 years Cenvat Credit = Rs.4,000/- each
Total Cenvat credit = Rs.12,000/-
(which is calculated as 20,000 INR / 5 year * 3 year = 12,000).
But the Cenvat balance of Rs.8,000 [20,000 12,000] should be added back (cancel the offset) and it should be assinged to cost.
Is the above process possible in SAP..???
Can anyone please let me know.
Thanks & regards,
Chaps

Hi
I know the standard scenario for Excise and its related settings. Our system is also working absolutely fine for the 50% Cenvat credit utilization.
But the customer wants to have a process like that of as I had explained earlier.
Can you suggest whether it is possible.
Thanks,
Chaps

Capital Utilization

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