How to use J1IBN04 - Cancel Excise Bond

SAP Transaction Code - Details

• Transaction Code: J1IBN04

  Description: Cancel Excise Bond

  Release: S/4HANA and ECC 6

• • Program: SAPMJ1IBN

    Screen: 100

    Authorization Object:

  • Development Package: J1ICIN40A

    Package Description: CIN40A developments

    Parent Package: APPL

  • Module/Component: FI-LOC-LO-IN

    Description: Logistics India

Smart SAP Assistant

• SAP Tcode: J1IBN04 - Cancel Excise Bond

  
  Overview:
  The SAP transaction code J1IBN04 is used to cancel an excise bond in the SAP system. An excise bond is a type of surety bond that is required by the government for certain types of businesses, such as those that produce or sell alcohol, tobacco, or fuel. The bond guarantees that the business will pay any taxes or fees due to the government. 
  
  Functionality: 
  The J1IBN04 transaction code allows users to cancel an existing excise bond in the SAP system. This can be done by entering the bond number and other relevant information into the system. The transaction code also allows users to view details about the bond, such as its expiration date and amount. 
  
  Step-by-step How to Use: 
  To use the J1IBN04 transaction code, follow these steps 
  1. Log into the SAP system and enter the J1IBN04 transaction code. 
  2. Enter the bond number and other relevant information into the system. 
  3. Click “Cancel” to cancel the bond. 
  4. Confirm that you want to cancel the bond by clicking “Yes”. 
  5. The system will then display a confirmation message that the bond has been successfully cancelled. 
  
  Other Recommendations: 
  It is important to note that cancelling an excise bond can have serious consequences for a business, so it should only be done when absolutely necessary. Before cancelling a bond, it is recommended that users consult with their accountant or other financial advisor to ensure that they understand all of the potential implications of doing so.