Excise Trader Basic Set Up..

Finance and Operations/AX User Forum
1

Dear All…

I want to do the transaction as trader in the Ax 2009. for the same I have select the Trader option in the Baisc Company information and done all the basic set up that require for Sales Tax-India.

By attaching the sale Tax group and Item Sales tax group I am able to book the Purchse Invoice and the Ledger affected for Excise posting are correct…i.e. RG 23 D Cenveat Credit…

My Problem is when I am selling the same goods through Sale Order the system dosent calculate any tax for the same…

Is any particular set require for “Trader” at the time of sale Invoice…

Regards,

Jinesh Shah

2

Hi Jinesh,

I think there is some problem with tax setup. How are you carrying forward excise in sales invoice as i think that excise will not be calculated as percentage in case of trading.

Pranav…

3

Hello Pranav…

You are right I have made mistake in builting the Excise Formula…

Can you guide me how i should built the formual to carry forward the same Excise that I have been received in Purchase…

Regards,

Jinesh Shah