accounting
DESCRIPTION
AccountingTRANSCRIPT
example Actual STDbasic 1000 800duty 120
Total 1120 800
Oracle Process Account Description DR. Cr.
Receipts – ReceivingRECEIVING INVENTORY 1120INVENTORY AP ACCRUAL 1120
Cenvat Claim120
RECEIVING INVENTORY 120
Receipts – Delivery
Stock RM 800200
RECEIVING INVENTORY 1000
InvoiceINVENTORY AP ACCRUAL 1120Liability 1120
PaymentLiability 1120Bank/Cash Account 1120
EXCISE DUTY-RG (BED + Cess+ Sh Cess)
Standard Cost IL Tax/Purchase Price Variance