What is register RG 23C in SAP MM - Materials Management?

SAP Term: register RG 23C

• Component: MM

• Component Name: Materials Management

• Description: A record of receipts of excisable capital goods, as kept by manufacturers in India. The register consists of two parts: Part I shows the quantities of the materials involved and the numbers of the excise invoices sent with the materials Part II shows the amounts of excise duty on the materials, and how much you have transferred to the CENVAT accounts Previously, manufacturers were required to keep two separate registers, RG 23A and RG 23C for raw materials and capital goods respectively. This is no longer the case, but the distinction still remains in the SAP System.

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• Key Concepts: 
  Register RG 23C is a component of Materials Management (MM) in SAP. It is a register of all the goods and services that are purchased by an organization. It is used to track the purchase of goods and services, and to calculate the value of the goods and services purchased. 
  
  How to use it: 
  Register RG 23C can be accessed through the SAP system. It can be used to view the details of all purchases made by an organization, including the quantity, value, and date of purchase. It can also be used to generate reports on purchases, such as a summary report or a detailed report. 
  
  Tips & Tricks: 
  When using Register RG 23C, it is important to ensure that all purchases are accurately recorded in the system. This will help ensure that all purchases are tracked and accounted for correctly. Additionally, it is important to regularly review the data in Register RG 23C to ensure that all purchases are up-to-date and accurate. 
  
  Related Information: 
  Register RG 23C is related to other components of Materials Management in SAP, such as Inventory Management and Purchasing. It is also related to other components of SAP, such as Financial Accounting and Controlling. Understanding how these components interact with each other can help organizations better manage their materials management processes.