Reversal of Purchase Return Issue Details.. Plz read whole ticket First

Question

Dear Sir,
The problem we are facing goes like this,
We procure a raw material say for 50 Rs/Kg.
We do the goods receipt, take part II credit and do invoicing,
(e.g. In client 101, we created a material 10000 0010, and created a PO 40000 0002280, MIGO- 50000 07751, MIRO- 5105604217)
Then, it is found that there is some quality issue with the material.
So user creates a returns PO, where by mistake user enters price inclusive of duty e.g. 55.10 Rs/Kg.
And does the goods issue, Raises Excise invoice through J1IS, inserts the duty figures manually as per vendor invoice but, while raising the credit note, the invoice value
does not match with the vendors invoice as the price entered in return PO was wrong.
(e.g.  In client 101, PO u2013 48000 00035, MIGO- 5000 07752, MIRO- Not Done)
In this case, there are 2 alternatives
1.       To reverse the Excise Invoice (for which we do not know the procedure and how to cross check that reversal has been successful) and reverse Goods Issue and correct the PO for fresh transaction.
2.       Pass a JV in finance to match the invoice value as Invoice has got proper Excise Amounts (possible effects in Finance????).
i would like to know how we can go about this issue.
With Warm Regards,
Gaurav Harimitter

Answer 1

1. To reverse the Excise Invoice (for which we do not know the procedure and how to cross check that reversal has been successful) and reverse Goods Issue and correct the PO for fresh transaction.
I'll prefer above option,because,material is issued with wrong price and p.o is created with wrong price(While auditing,auditors will raise question for higher price in p.o),So do it as per first option,In J1IS,Click shift+F10,cancel icon to cancel excise invoice,later display excise invoice using internal doc. no & year.