Entering Details for Excise Account Master

Access the Excise Account Master Entry form.

Type of Excise Account

Enter a user-defined code from UDC table 75I/EA that specifies the type of excise account. Examples are:

All: Account for Inputs

CII: Account for Capital goods

All: Account for Inputs

PLA: Personal Ledger Account

Tax Type

Enter a tax type for a tax regime, such as AED, BED, and CES.

Account Number

Enter a value that identifies an account in the general ledger. The first character of the account number indicates its format. You define the account format in the General Accounting constants. Formats to enter account numbers are:

  • Standard account number, business unit.object.subsidiary format

  • Flex format

You use the Review and Revise Accounts program (P0901) to set up an account in the general ledger