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    Accounting Entries in SAP SD

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    Balaji_SAP
    This document outlines accounting entries for sales made to a customer. It debits the customer account and credits revenue and tax payable accounts for the sale amount and collected taxes. It also shows journal entries to record excise duties paid on manufacturing that debit an expense and credit duty payable accounts. Finally, it shows entries to record the cost of goods sold that debit an expense and credit inventory.

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    Accounting Entries in SAP SD

    Uploaded by

    Balaji_SAP
    73 views1 page
    This document outlines accounting entries for sales made to a customer. It debits the customer account and credits revenue and tax payable accounts for the sale amount and collected taxes. It also shows journal entries to record excise duties paid on manufacturing that debit an expense and credit duty payable accounts. Finally, it shows entries to record the cost of goods sold that debit an expense and credit inventory.

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    Accounting Entries in SAP SD

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    This document outlines accounting entries for sales made to a customer. It debits the customer account and credits revenue and tax payable accounts for the sale amount and collected taxes. It also shows journal entries to record excise duties paid on manufacturing that debit an expense and credit duty payable accounts. Finally, it shows entries to record the cost of goods sold that debit an expense and credit inventory.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    73 views1 page

    Accounting Entries in SAP SD

    Uploaded by

    Balaji_SAP
    This document outlines accounting entries for sales made to a customer. It debits the customer account and credits revenue and tax payable accounts for the sale amount and collected taxes. It also shows journal entries to record excise duties paid on manufacturing that debit an expense and credit duty payable accounts. Finally, it shows entries to record the cost of goods sold that debit an expense and credit inventory.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    VF01 A/C Entries

    Customer A/C
    Revenue account
    ED Collected on sales
    VAT/CST Payable

    Debit
    Credit
    Credit
    Credit

    Against

    J1IIN A/C Entries


    Excise Duty Paid
    BED Payable
    ECS Payable
    HECSS Payable

    Debit
    Credit
    Credit
    Credit

    against

    PGI
    COGS
    Stock

    Debit
    Credit

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