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Aug 04, 2016 at 02:53 PM

Clearing B/W Customer & Vendor....But what about WHT?

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Hello Everyone,

I am getting confused while testing a scenario, when i am clearing between a customer who is also my vendor, then i am getting confused about witholding tax entry.....For Example

Customer Dr....................100,000

Vendor Credit....................-50,000

When I run tcode f-28, then it shows me following entries

Customer Cr........-100,000

Bank Clearing Incoming GL......51750

Vendor .................................50000

WHT....................................-1750@3.5%

My question is......when it is showing a separate line item for WHT ....but why it has added this 1750 to incoming GL of BANK , where as my aspiration is, there must be another GL for debit of 1750 added to bank GL

Is there any method I can create a separte GL and get it hit at the time of F-28 or F-53

Looking forward to it

Regards

Muhammad Yousuf Ali