What is excise invoice reference document in SAP LO - Logistics - General?

SAP Term: excise invoice reference document

• Component: LO

• Component Name: Logistics - General

• Description: A document, in India, that you refer to when you enter an incoming excise invoice. If you have already posted the goods receipt, you can use the goods receipt document as the reference document. Otherwise, you can use the purchase order or another purchasing document, such as a be a contract or a scheduling agreement. &EXAMPLE& In the SAP System, you create a purchase order for 100 bags of sand and send the order to your vendor. Two weeks later, the vendor delivers the sand, accompanied by an excise invoice. When you enter the excise invoice in the system, you specify the number of the original purchase order: this is the reference document.

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• Key Concepts: 
  Excise invoice reference document is a document used in SAP Logistics to record the details of an excise invoice. It is used to track the movement of goods and services that are subject to excise taxes. The document contains information such as the date of the invoice, the amount of excise tax due, and the name of the supplier. 
  
  How to use it: 
  In SAP Logistics, an excise invoice reference document is created when a goods movement is posted. The document is then used to track the movement of goods and services that are subject to excise taxes. The document can be used to calculate the amount of excise tax due and to ensure that all taxes are paid in a timely manner. 
  
  Tips & Tricks: 
  When creating an excise invoice reference document, it is important to ensure that all relevant information is included. This includes the date of the invoice, the amount of excise tax due, and the name of the supplier. Additionally, it is important to ensure that all taxes are paid in a timely manner. 
  
  Related Information: 
  For more information on excise invoice reference documents in SAP Logistics, please refer to SAP Help documentation or contact your local SAP representative.