Excise JV Cenvat on hold

dear experts ,
when i am trying to pass a JV for initial cenvat on hold amount , the system throws an error of plant not assigned in company code
what could be the reason ?
Regards
Anis

hey the problem solved
Go to J1ID and here select option as "Excise Indicator for Plant" and maintain following details.
First Month - 4
No. range no. - 01
ECC No. - As Applicable
Excise Reg. No. - As Applicable
Excise Range - As Applicable
Excise Division - As Applicable
Commissionerate - As Applicable
CST no. - As Applicable
LST no. - As Applicable
PAN - As Applicable
Exc.Ind.Comp. - 1
Service Tax Regn.No - As Applicable
thnx

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Error in excise JV debiting RG23C basic+Cess to RG23C cenvat on hold

pl Hi experts
Facing below error in excise JV
XXXXXX G/L account is not identified in the General Ledger Master
Steps
J1IH-Other Adjustment
Modvat a/c selection:RG23C
On clicking Determination of GL account following GL a/c are appearing
RG23C Basic ED     Dr
RG23C Cess           Dr
RG23C S Cess       Dr
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XXXXXX G/L account is not identified in the General Ledger Master
Pl help where is the issue as G/L of RG23C Cenvat on Hold is required to be debited
thanks in advance

Can you post the message number ?
Also your post related to excise, you should choose correct forum..
cc Jyoti Sir.
Regards
Dev

Transaction code for excise JV especially to cenvat on hold account

Friends,
Can anyone advice that in system for correcting excise register, the jv have to be posted for the following accounts-
cenvat on hold
RG23 BED
RG23 ECS
RG23 H CESS
cenvat clearing account
By which transaction code, jv to be posted. I know that for RG23 BED, ECS, H CESS, Cenvat clearing account can be corrected by using transaction code - J1IH but in my case i have to correct cenvat on hold account also for assets items.
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Thanks
Madhukar Mittal

like u have done following enrty
cenvat on hold     115 +
RG23 BED     100 +
RG23 ECS        10 +
RG23 H CESS    5 +
cenvat clearing account   230 -
now u want to reverse it right
then u will first have to go to J2I8 and tahe the credit of 115 cenvat on hold account
so that
RG23 BED     100 +
RG23 ECS        10 +
RG23 H CESS    5 +
will come to RG 23 C register on credit side
so ur RG23C registure will have
RG23 BED     200 +
RG23 ECS        20 +
RG23 H CESS    10 +
now use J1IH other Adj select Rg23C
for amount
BED     200
ECS        20
H CESS    10
so that the entry will be passed
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RG23 ECS        20 -
RG23 H CESS    10 -
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CENVAT On hold account settlement

Hi,
In case of Capital Goods, I want to know how do we settle the CENVAT on Hold Account?
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Hi Ashish,
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Go to this transaction, input company code, plant and excise group and you can minimize selection by vendor, excise invoice number, date etc. Then execute.
The system will show all the CENVAT on Hold entries. You have to manually check the entries depending upon the date and settle the entries.
Hope this clarifies and helps.
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50 % transfer to cenvat on hold a/c

Hi CIN Experts,
When I have transfer the capital goods transfer on credit to next year through J2I8, but some of the entry has not been transfer to the current Cenvat On Hold account. In J2I8, I have given co. code, plant, posting date & excise group & selected list based on part 2 number. At the time of transferring, only SED available amount are not transferring means on that row BED, AED, SED, ECS, SECESS-Available but are not transferring. So here I am getting error that u201CBalance has occurred 'INR' with the following details in transaction currencyu201D. Exchange rate '00', amount ' 87.77-' and currency key 'INR'. The data in the transaction currency were transferred from the calling application.
Procedure- The error is probably in the calling application. Message No.-F5702. Please advice me how to transfer the balance amount.
Regards,
Manoj

Hi,
by using T-code J2I8 we can transfer cenvat on hold balance to next year.

Cenvat on hold

Hi,
For my capital imported item having customs and excise conditions , when I checked Part 2 account entries , I find that amount under CENVAT ON HOLD does not include AED amount. Rest of the duties like BED,E Cess & Sec E Cess are all considered under 50% amount . Pl let me know where and what can I get into to include this amount @50%.
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AK

U check
CAPE with
Cenvat Hold Cr
Cenvat Hold      Dr
Remaining Taxes      Dr
and GRPO
Cenvat Clearing     Cr
Cenvat Hold          Dr
Remaining Taxes Dr
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Prasad

Transfer Balance from Cenvat on hold account to ceenvat clearing account

Dear All,
Though the new year from excise point of view has begun....
Now i want to utilised the capital amount which was in cenvat on hold account in last year.
How do i move further so that i can utilise that 50 % amount this year.
Am i need to transfer the amount from cenvat on hold account to cenvat clearing account?
Please guide me with step by step.
Thanks in advance.
Shailesh

Dear Shailesh,
You can use the T.code J2I8 for transfering the On hold Credit by giving the Company code, Excise group & posting date. When you execute it you can see the balances per Vendor as line item entries. Select it & transfer. In the Accounting view you can see that Your cenvat clearing will get Credited & your Onhold A/c will get debited.
Award Points if its useful.
Thanks & Regards,
SAP FC

Difference in Cenvat on Hold transfered for FY 2008-09 into FY 2009 -10

Dear Experts ,
Total balance in cenvat on hold account as on 31.03.09 was Rs. 1792146.18 whereas balance trf. from hold to diff. GLs' on 28.04.09 is Rs.1958733.58. Hence balance is excessively transfered by Rs.166587.40.Amount of Trf. to different GLs' is also not correct. Amount is excess trf. in BED GL & less trf. in E.cess & she cess GL.
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Regards,
Beldari

Hello ,
Correct me if i am wrong , but i think the dates for comparison taken by our are wrong .
While u have transferred the balances from hold to respective g/ls , on 28.04.09 , did u also transfer the hold balances for the transactions between 01.04.09 - 28.04.09 ???
Just check if the difference amount tallies with it .
Once transferred , u cannot reverse the excise gl entries ,
U will have to pass a JV using J1IH + Other adjustments .
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Anis

Transfer of CENVAT ON HOLD Amount

Hi Friends,
When we get the CENVAT on capital goods, 50% will be in CENVAT ON HOLD account till the next year. But in the next year is there any specific transaction to run for transfering this 50% to CENVAT Clearing account? How to Transfer this amount other than posting through JV?
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ssp

Hi,
by using T-code J2I8 we can transfer cenvat on hold balance to next year.

Avail credit of cenvat on hold

Dear all,
I am facing problem in availing the credit of cenvat on capital goods. Can any one tell me the step by step procedure of How to avail CENVAT on hold of last year in current year.
Its urgent..Thanks in advance..I will assign good points.
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Hi Santhosh,
When Capital On-Hold is taken for a year(for vendors) and selected a Vendor and when Transfer Credit is clicked,the error message appears.
Please find the exact erro message.
Cannot Reconcile : Crossed Return Date, please Reverse
Message no. 8I582
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Correction in cenvat on hold account, debit entry to be posted

Dear Friends,
During PGR, Correct entry is
BED - Rs 25600+
CESS - Rs 512+
HCESS - Rs 256+
CENVAT ON HOLD - Rs 26368+
CENVAT CLG ACCOUNT - Rs 52736-
But one document found with the following below mentioned entries -
BED - Rs 25600-
CESS - Rs 512-
HCESS - Rs 256-
CENVAT ON HOLD - Rs 26368-
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Thanks
Madhukar

like u have done following enrty
cenvat on hold     115 +
RG23 BED     100 +
RG23 ECS        10 +
RG23 H CESS    5 +
cenvat clearing account   230 -
now u want to reverse it right
then u will first have to go to J2I8 and tahe the credit of 115 cenvat on hold account
so that
RG23 BED     100 +
RG23 ECS        10 +
RG23 H CESS    5 +
will come to RG 23 C register on credit side
so ur RG23C registure will have
RG23 BED     200 +
RG23 ECS        20 +
RG23 H CESS    10 +
now use J1IH other Adj select Rg23C
for amount
BED     200
ECS        20
H CESS    10
so that the entry will be passed
RG23 BED     200 -
RG23 ECS        20 -
RG23 H CESS    10 -
cenvat clearing account   230 +
this is the std sap way to reverse the Captial credit taken
hope this helps

MIGO - Excisable material Good receipt, hold button inactive?

While creating Goods receipt (MIGO) of excisable material - hold button is inactive.
i want to hold the document.. plz help to resolve.. very urgently required.
Award full rewards. Plz
vijay.

Hai .. The purpose of Hold option in MIGO:
You can use this function to hold the data you are currently entering. No documents are posted. Hold and manage data ..If you have to stop processing a goods movement before you have posted it, For example your purchase order having 10 item of material but receiving from vendor some difference in batch number..in this time .you can hold the data you have entered in the system without posting it. you can hold your material document all the details enetered in migo without posting it using some reference number and date..This means that the next time you use the transaction, you only have to call up the held data instead of having to re-enter it all the data..You can copy the data that you want to hold to the list of held data in show overview icon , by choosing Hold. You can view the list of held data by choosing Goods receipt -> Held data. In this list, you can choose which data you want to continue processing. The last ten pieces of data you held are displayed in the overview tree; you can select them for further processing by double-clicking on them....
Held data is automatically deleted when you continue to process the goods movement.
Hope its useful to you..

Link between Excise Invoice & Cenvat Utilization

Hi All,
After the creation if Sales excise invoice in case of exports, cenvat credit utilization is run fortnighly/Monthly from J2IUN.
In the process, we enter the excise invoice for which cenvat credit is to be utilized. Then against each BED, ECS & SCESS, the credit is utilized from RG23A/RG23C/Service tax/PLA. When the utilization is saved, it creates a Part 2 entry in each of the registers for which the credit has been utilized in J_1IPART2 for eg. against a serial number.
My question is that , is there a link in SAP between the excise invoice for which the cenvat credit has been utilized & the serial number entry that is generated in the PART2 of register or service tax or PLA.
Thanks & Regards

This is not going to help the SCN members who have similar requirement. Ensure that whenever you create a thread, it is closed with proper solution. Make it as a practice of updating SCN properly
G. Lakshmipathi

Table to check CENVAT on HOLD amount RG23C

Hi ,
I wanted to extract enteries being appeared in J2i8 , could u pls let me know the table where these details are getting stored
regards
Shrey

Hi Shrey,
IN J2i8,on hold Enteries are Caliculated using the Below Tables
i dont think so there is one direct table for the same.
        j_1iexcdtl --This Table is used to Extract the Details of the Excise Document(overvirew details)
        j_1iexchdr -this is for the Header Details for the Excise Document Post --Excise Number Etc
        j_1igrxref,-- this is the Excise Details From the GRN.
        j_1iexgrps -- This Gives the details of you have to create the Excise enteries based on the
                              Excise   group Config.
         j_1iwrkcus,--Plant details
        j_1ipart2, -
Part 2 enteries Posted in the System
        j_1iexcacc, -- GL account Details Maintained on the Bases of the Trasaction even key
        bseg -
for the details of the values Posted in the GL accounts maintained in the above Transaction.
I am giving a overview of how the system caliculates..bt it can many other logic imbuild
KNow the System Segegates all the invoices posted
and it Filters the Invoices based on the Type of material eg consumbles etc from the table j_1iexcdtl.
and gets all the details of the Invoices which need to utlized 50 % know and 50 % after.
In the j_1iexchdr ,we get the header details for the transaction type etc.
so base on the header details it can get the accounting details in j_1iexcacc
Know the key is the Part2 enteries against the Excise documet which gives the exact values posted against each register
and then comes the material document details for the same and then it used for the accounting enteries posting and its values in Bseg.
By allocating and segregating all the table data it get the remaining value in the T code J2i8
Hope so i am clear
Regads
Anjanna.

Diffrence bbetween excise and cenvat

hi gurus,
tell me the the difference between excise duty and cenvat.
Thanks in advance
RAVI

How can we post through finance can anybody help? i dont have finance consultant now with me.
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Excise JV Cenvat on hold

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