FI-MM Accounting Entries

Hi all,
The chart of accounts CAIN has the following excise related GL accounts:
24820000 CENVAT Input BED
24920000 PLA on Hold
13113920 Cenvat Clearing
24880000 PLA BED
24930000 Cenvat on Hold
13113910 Cenvat Suspense
24920000 PLA on Hold
13113930 Cenvat Reversal
I want to know where exactly these GL accounts are used? What is the accounting cycle right from Excise paid on Purchase to Deposit of Excise Duty to Govt. A/c.
Thanks
Robin

Robin
24820000 Cenvat Input BED is used for the Excise accounts for Raw material purchased which will be cenvatable. It get posted when you post excise invoice that is at time of part 2 entries.
24920000 is relevant for PLA entries. It is posted from finance. PLA will not be posted directly to PLA but it will be posted to PLA ON hold and later it will be posted to PLA THROUGH J1IH.
13113920 is provision account used. It is mentioned in the tax code against the condition Indian Basic excise JI1 in TR CODE OB40
24930000 is used for the Capital Cenvat purpose. Whenever any capital asset is acquired. 50% cenvat will be claimed in the acquisition year and balance next year. For this , 24930000 is generally used.

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2.When PR is Created
3.When ME21N is done
4.MIGO
5.MIRO
please provide your valuable suggestion..
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Hi,
1. When Sales Order is created.
No FI Entry
2. When PR is Created
No FI Entry
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Hi,
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Error ocurred while creating Accounting
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l_msg_data :
Thanks

Hi
Found the issue, Silly mistake.
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My R/3 version 4.7
I have a material which is stockable and valuated of material type ERSA(Spare parts)
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Ratha

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Hi Gurus
We make a STO from factory to depot. I have posted the depot excise invoice via J1IJ but Im unable to see the accounting entry for the excise invoice..
Im able to see the acounting entry for excise invoice for factory sales thru J1IIN..
Pls advise
Rgds..Vinz

Hi Vinz,
I would like to explore more for ur info.
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The value of the excise for which u have taken credit from ur factory would be passed on to customer now.
If you notice carefully, when u take credit of Excise entry in RG23d No accounting entry flows in the system, only value & qty gets updated to Register.
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Dear all,
I am facing one problem related to accounting entry against excise invoice not created, for service tax sales scenario in SEZ plant.
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But after generating excise invoice, accouning entries not generated for clearing of Cenvat suspense entry(i.e.service tax 10% ,ECS-Service tax 2% , SECess Service Tax 1%) which is generated during billing document.
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Mukesh Pardeshi

Hi ReazuddinMD,
thanks for your reply and support...I checked all the entries/accounts maintained correct.. but the Accounting entrys against Excise invoice not created..
Now i am geeting error as below at the time of saving Excise invoice,
No account is specified in item 0000000001
Message no. F5670
Diagnosis
No account was specified for account type "S" in item "0000000001" of the FI/CO document.
System Response
The Financial Accounting program cannot process the document.
Procedure
A system error has probably occurred in the application you called up. Check the data transferred to item "0000000001" of the FI/CO document.

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
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CENVAT Receivable (Basic) A/c - Dr
CENVATReceivable (Ecess) A/c - Dr
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To CENVAT Clearing
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No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
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PLA Payment (Basic) A/c - Dr
PLA Payment (Ecess) A/c - Dr
PLA Payment (S & H) A/c - Dr
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CVD Clearing A/c Dr (consists of Additional Duty CVD and CVD)
Customs Clearing A/c Dr (consists of Basic Customs)
To Customs Vendor
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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
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No excise entry through SAP direct posting but through manual posting in case using TAXINN procedure.
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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
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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

Accounting entries for OTC life cycle

Hi Guys,
I was wondering if anyone of u can explain me the complete accounting entries that get credited and debited....right from booking an order till reconcilation (the whole OTC life cycle).
Thanks & Regards,
Ravi.

All looks good but there can be exceptions if you introduce two variables:
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Forgot to mention: In someones blog on in Metalink's section where customer's documents are uploaded in knowledge base, I found a decent document that can help you with some more information.
Thanks
Nagamohan
Edited by: Nagamohan on Oct 2, 2008 6:11 PM

Cannot Add a new Accounting Entries - SDK

Dear Sir,
I need to add an accounting entry into SAP BO via SDK.
I am using the following code:
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please advise what it is wrong in my code making it not working properly.
PS: both credit and Debit side in my entry is using the BP code and not G/L account.
Best Regards

There are a couple of things that I noticed, if I'm reading your code right. First, it appears you are
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Also, it appears that when you try to add the Journal entry with the code I've copied below,
you are only checking for error messages when the Add succeeds:
If oJE.Add = 0 Then
Dim num As Integer
oCompany.GetLastError(num, sStr2)
SBO_Application.MessageBox(sStr2)
Else
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oJE.SaveXML("c:\JournalEntries" + Str(oJE.Number) + ".xml")
End If
I think that the first line of code, above, should be if oJE.Add <> 0 then....
Are you getting your message that says "Import was successful!")?

Accounting Entry IN Free Goods Scenario

Hi Gurus,
Could you please tell me , what is the accounting entry in Free Goods scenario ?
Advance Thanks to All .
Regards,
Aditya Kumar Patra

Hello Aditya,
For Free goods we use R100 condition type for 100% discount.
when invoice is posted system post credit entry to Revenue account for price condition PR00 and other components in pricing as we post for normal sales invoice.
For R100 condition type system debit the account for free goods account which can be expenses account .
At the end customer will not be debited so there will be no receivables against customer.
accounting entry will look like as below
Revenue account Cr
Free goods account Dr.
Hope it will help.
ATP

Procurement of Capital Goods-Accounting entries error

Hi All
I processing procurement of Capital Goods scenario.
Qty - 1; Base Amount: 100; BED: 16%; AED: 8%; SED: 4%
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Dr BED 16
Dr AED   8
Dr SED   4
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Cr CENVAT On Hold 14-
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Dr BED 8+
Dr AED   4+
Dr SED   2+
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Dr CENVAT On Hold 10 +
Could you please help in this regard
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Service Entry Sheet Accounting Entries??

Dear All,
At the time of Service Entry sheet our client is asking to post the accounting entries as below.
WIP A/C-Dr xxxx
To SR/IR A/c xxxx
For WIP we have to give the WBS so that at later stage this WIP has to be settled (wbs settlement to GL) to the COGS Account.
Lets see the Functionality for this.
Ex: Customer orders A construction of Cell Tower.
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for supply of material directly it will be purchased from the 3 rd party and send it to the customer location and do the billing.
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in this scenario with respect to the civil work as we are paying the money on behalf of customer (receivable from customer) client is asking to post the service entry sheet entries to WIP account.
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I also will explain the problems we are facing to post to WIP.
As WIP is balance Sheet Item and its assigned in GBB system is not allowing to create cost element for that, so at the time of posting the service entry sheet I am able to post the transaction without WBS.
As we planned to settle wbs to cogs now it cant be done.
Please suggest me some solution.
Regards,
Shashi Kanth.

Result Analysis is a concept in CO which enables you to post WIP when the project is not closed yet. Once the project ends, you run the RA again and reverse the posting to post the actual values. You can speak to your CO consultant for this. You can refer the following link to get the document.
http://help.sap.com/bp_bl603/BBLibrary/Documentation/183_BB_ConfigGuide_EN_ID.doc
Also, you'll get lot of other resources on this if you google.
Ravi.

Sample Sale accounting entry

Hi experts,
what should be the accounting entries when we are doing a sample sales (providing free of cost sample goods to customer as a sales promotion activity)?

Dear TS,
In Sample sales accounting entries will takes place as like normal postings but there will not be any out standinding on behalf of cutomer because this comes under 100% discount.
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