Dear Friends ...
I am looking for assistance on the below… I been referring to SCN and other discussion (CIN / Ex WHT …) forums for the solution, unfortunately I could not find any relevant!! Request you to share your ideas
In India, Withholding Tax (WHT) should be calculated on Invoice / Payment whichever is earlier! We have different threshold limits for each tax type/code (15000 / 180000 / …)
In SAP we have WHT separately for Invoice & Payment, and also the threshold can be defined separately for each! Considering this and above condition how do we achieve threshold together for Invoice & Payment?
Since we have two different WHT codes (Invoice & Payment) and also threshold is defined at each level separately, system only considers WHT calculation once after crossing the threshold either Invoice or Payment
I also referred few of the below notes …
1945137 - Amount Based TAN level Exemption for India
1769234 - Withholding Tax Enhancements for India
1737480 - Withholding tax India Localization : DPC with MIRO
Example: Vendor A with threshold of 1, 80,000
In the month of July:
Expected: When we put together Invoice+ Advance (1, 20,000 + 80,000 = 2,00,000) Vendor is already crossed the threshold of 1,80,000 hence from the ‘Advance’ system should calculate WHT!
Hope friends from India could have already have comments on this this, Is there a way to achieve the above expected?