Manufacturer

To meet the excise tax requirements specified by the tax authorities for a manufacturer in the O2C cycle, the JD Edwards EnterpriseOne programs enable you to:

• Create a sales order for items that are eligible for excise duty.

• Issue a tax invoice to charge excise duty to customers for goods purchased.

• Confirm the shipment after receiving the shipment confirmation for the goods exported.

• Update inventory and the RG1 register.

• Update the accounts receivable.

• Produce reports that show the revenue generated on a periodic basis.

• Pay excise duty to the government by offsetting the excise duty amount, and update the PLA.