CIN-Making Adjustment Postings for Materials Not Used in Production 2

Making Adjustment Postings for Materials Not Used in Production

Use

You follow this procedure if you have not used a material in the production process and want to reverse the excise duty debited to your CENVAT account.

Procedure

1. From the SAP Easy Access screen, choose Indirect Taxes ® Excise JV ® Create ® Matl non-prod.
2. Enter data as required, including:

o Document number

Enter the number of the material document that the adjustment posting is to refer to.

o CENVAT account selection group box

Specify which account is affected by the adjustment posting is for. If the posting does not have to be remitted immediately, select Fortnightly payment.

3. Choose .

The system displays the information from the material document.

4. Adjust the posting date as necessary.
5. Adjust the excise duty for each line item either:

o Manually
o By assigning the line item to an excise invoice

6. Specify which G/L accounts are to be posted to.

Save the adjustment posting.