Cenvat opening balance problem

Question

Hi,,
At the time of  50% cenvat credit transfer of capital goods from Credit on Hold a/c (31040) of F.Y:07-08 of Rs.26047791/-  to Cenvat credit BED/CESS/SCESS a/c (F.Y:08-09), opening balance is not transferring. Because of this we are unable to pass the utilisation entry against the excise duty liability for the month of April'08, May'08. & June 08.
How this Cenvat opening balance transfer is possible in J2I8 ?
Beside we have not close last year financial account till now. Kinldy tell me which one should be first priority. Should I close last year financial account first and then excise opening balance can be transferred later or vice versa.
With Regards,
Samrat

Answer 1

Hi
Please follow the below:
Entering the closing balance of the RG23A Part II and PLA registers in table J_2IACCBAL, as they were on the day prior to extracting the register data.
For example,. the extract the registers from 1 April 2006. Maintain the closing balances in the table J_2IACCBAL as on 31 March 2006.
Make the entries in table J_2IACCBAL as described below:
Field     Entry
EXGRP     Excise group of the registers
REGISTER     Type of register
Make an entry for each of the following:
u2022     RG23ABED
u2022     RG23ASED
u2022     RG23AAED
u2022     PLABED
u2022     PLASED
u2022     PLAAED
u2022     PLACESS
DATUM     Date of the closing balance
WERKS     Leave this field blank
OP BAL     Leave this field blank
CL BAL     Closing balance in the register
EXAMT     Leave this field blank
EXIND     Leave this field blank
USNAM     User ID of the person making the entries
CPUDT     Date of entry
CPUTM     Time of entry
regards
Sridevi