Next is adjustment posting for additional excise paid by vendors. Now here, after posting for scrap and materials not used in production, we’ll see for additional excise paid by vendors. So here this process is used if a vendor has increased the amount of excise duty that it originally [...]
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After service tax and the service tax process, next, we’ll see what is an excise duty in SAP finance. Now before moving ahead with the excise duty, let us see the path and the transaction code used for excise duty. So here the transaction code is J1ILN for excise duty, and this is the SAP […]
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After creation of tax code under service tax, next, we’ll see what is the process of the service tax. Here, we’ll use the tax code KJ as we have used that tax code in our previous example. So here we have used the tax code as KJ, and this is the general ledger view for […]
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Next we’ll see how to print a certificate. Now here for printing a certificate we need to use a transaction code called J1INCHLN, Now here this is the SAP menu path for India. Here, we’ll go to India then under that, we’ll go to extended withholding tax. Under that, we have option of [...]
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Hello everyone! In today’s session, we’ll learn about taxes and excise duty in SAP Finance. Before moving ahead with this session, let us summarize what we have learnt from our previous session that was on fixed assets. Now there we have learnt about creation of material master [...]
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Okay, now that we have seen the sales returns, we can go to the next tab, which is the incoming payment of 1800 for sales 2000 from customer C001. I have mentioned 1800 here for this sales here, because remember the customer has already written 200, so 2000 minus 200, the balance is 1800, so [...]
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Next, after asset sale with customer, we’ll see asset sale without customer. So here we’ll use a transaction code called AB0AN. So here asset sale without customer, we’ll have to specify the details like company code for which the asset disposal transaction is been posted. [...]
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Next we’ll see how to do settlement of CWIP to the main asset after the creation of an asset master. Now here we’ll use a transaction code called K02. So this is the screen which we’ll get after we enter the transaction code K02. Now here we’ll maintain the settlement [...]
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Next, after releasing the purchase order, we can create a good receipt. So let us see how do we create goods receipt. The transaction code MIGO. So this is a goods receipt screen. Now here once we enter the purchase order, we get a material document which is posted for that particular purchase [...]
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Let us see how to create a purchase order using a transaction code ME21N. Now this is the screen which we’ll get when we enter the purchase order. Now here we’ll have the purchasing organization, the purchasing group and the company code details. Now after this, on the next tab we [...]
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