Trading Excise for Sage Accpac ERP

What is the need for "Trading Excise for Sage Accpac ERP"?

Excise Tax Reporting and Reconciliation is one of the most important but extremely difficult tasks in a trading organization. Small and Medium businesses spend days and months in manual data management and collection for reporting to Excise Tax authority and still end up having problems and issues at the final reconciliation.

Statutory and Excise Module for Sage Accpac ERP provides small and medium trading enterprises a seamless way to input information, furnish returns and maintain mandatory registers as required by Indian Tax authorities while making sure that the workflow, inventory valuation, financial reporting and operational modules data integrity is maintained in Sage Accpac ERP.


Features of Trading Excise for Sage Accpac ERP

Maintain Information:

- Standard registration and statutory information like PAN, ECC, CE Reg No., VAT, Central Sales Tax No., RG32 Numbering methods
- Maintain Excisable and Non Excisable Locations/Warehouses
- Maintain 20+ Excise specific Customer Information like CE Commiserate, CE Registration Number, ECC, PAN
- Maintain 30+ Vendor Information like CE details, Division Details, PAN details, Range Details
- Maintain 20+ Item Details for Excisable Items like Tariff Class, Price, Item Type

Transact with Excise Tax Calculations for Sales and Purchases:

- Receive Excise Goods and Calculate Excise Tax from Purchase Order Entry of Sage Accpac ERP with Vendor Information and Assessable Amount.
- Return Excise Goods from PO Return Entry Screen and reconcile Excise Taxes accordingly
- Ship Excisable Goods and Calculate Tax against the assessable amount against the respective Receipt
- Maintain business logic and GAAP principles in all transactions

Print Excise and Statutory Reports: Print anytime Excise Statutory Formatted reports as defined by Government:

- Excise Purchase Bill Register
- Excise Form 2 part 1
- Excise Form2 part 2
- Excise Defacing Report
- Excise Declaration Report
- R. G. 23D Report
- Excise Invoice Report (Sales Register)
- Excise Stock Register