Software Solution for Excise Tax in the P2P Cycle
To meet the excise tax requirements specified by the tax authorities for a manufacturer in the P2P cycle, the JD Edwards EnterpriseOne programs enable you to:
Create a purchase order for items that are eligible for excise duty.
Receive goods with tax component and a receipt note from the supplier.
Claim the excise duty on the purchase order.
Update credit balances for the AII, CII, or PLA register.