PANTHEON Features – Excise
The Excise Warehouse module is designed for quick input of items with excise duty for warehousing, manufacturing, and dispatch with postponed excise duty payment. Excise duty is accounted for items with excise duty in the Excise Warehouse, but it is not calculated into the purchase value or the tax records as is the case for excise item entry in general warehouses. Excise Warehouses also include traceability of goods. The Excise module includes:
- Receiving items to the Excise Warehouse
- Issuing items from the Excise Warehouse
- Excise duty account – separate for issuing, receiving, and both
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