Withholding tax code - not calculating exact tax amount

[former_member204860]

Dear Gurus,     We have created a tax code to calculate TDS 1% ( 194 c )  .  In fb60 it works fine and calculating correctly but for only one vendor it calculates Rs. 27 less and for another vendor it calculates in excess.     I checked the all the parameters set for the vendor in vendor master it is exactly same with other vendors .  Also I checked the ledger account it also correct .   What else I have to check to rectify this error.

best regards

selvakumar.n.

[Former Member]

Hi Selva Ji,

As suggested by Vinod Pl. check the Base Amount. Even our client is also capturing like that only.

Say, for ex Gross amount might be 10,000 where as base amount they're taking only 3,000 (30%) and system will calculate tax on that (14%).

I will give you the screen shot of that for your better understanding. Thanks

ASV

[former_member198650]

Hi Selvakumar,

If you have selected accumulate option in withholding tax type configuration, when you have posted first time against the vendor, if the invoice amount is less than thresh hold limit, then system wont calculate TDS. At second postings system will accumulate the amount and check for thresh hold limit, if it is more than it then calculate TDS on whole amount. And also check if the user has changed the base amount manually and system has calculated the TDS accordingly. However, you can check whether the base amount is entered manually or automatically in the table WITH_ITEM. If it is entered manually, then the field WT_BASMAN will show a value as "X".

Regards,
Mukthar

[vinod_vemuru2]

Hello,

Did you check tax base amount in both cases? Is it happening with same user ID? If not, check FB00 settings once. Please post screenshots of both the scenarios.

Thanks,

V V