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WHT query

Hello,

We have FD ect where TDS is deducted.My query is ,on accruals -the TDS is deducted but on actuals also the TDS is deducted.This results in twice deduction of TDS. How do we address the issue( Since in case of accruals-TDS same is not reversed in next year along with other entries, dince it is Tax.Pls help

SJ

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3 Answers

  • Jan 12, 2015 at 06:28 AM

    Dear SR,

    Please check your customization. Please use below link it explain whole customization process.

    http://scn.sap.com/thread/3597940

    Regards,

    Jain

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  • Jan 12, 2015 at 07:17 AM

    Dear SR,

    I feel you might have made the customization setting for interest flow too.

    Please check the check below customization path.

    SAP Customizing Implementation Guide--> Financial Supply Chain

    Management -->Treasury and Risk Management --> Transaction Manager -->

    Money Market --> Transaction Management --> Flow Types --> Derived Flows

    --> Define Derivation Procedures and Rules

    Regards,

    Jain

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  • Feb 04, 2015 at 06:14 AM

    Hello,

    As per the process, on accruals in case of FD, banks are deducting TDS.When the FD is getting matured , on repayment again TDS is deducted.My query is how do i ensure there is no double deduction of TDS.( for the accrual period.)

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