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GL_setoff_Excise and Vendor Inv Posting_MM

Excise posting Knock off with Vendor Invoice booking

This Document explains how GL entry in Vendor Invoice posting  is knocked off with  the Excise Posting.

The GL account assignment in Excise posting need to knockoff with Vendor Invoice booking. This is the best practice and if not properly maintained,
FI need to manually pass JV’s to correct it.

The Accounting entry at Excise posting


Sample GL Posting


T code for GL account Assignment: Logistics General – Tax on Goods Movements – India – Account Determination – Specify G/L Accounts per
Excise Transaction.

The Accounting entry at Vendor Invoice Posting


The same GL account used for Cenvat Cr is used in OB40 .T code is OB40

Sample GL Posting


Further  link is: Tax procedure is maintained with Condition Type for BED, Cess, SeCess. Account keys are maintained against each  Excise CDN type. The Cenvat CR GL need to be maintained against the those excise Account Key in OB40 (OB40 is the T code).

  • The System will pick OB40 GL account while doing MIRO – Vendor Invoice Posting
  • The system will pick ETT GL while doing Excise Invoice Posting.

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