on 08-18-2007 1:26 PM
Hi,
I have assigned one tax type with tax code with a particular vendor. I have assinged TDS account for deduction of tax at the time of payment. But I am facing few problems,
1. Suppose I am paying 100/=, the system is deducting 2/= tds but populates
Vendor - 100/= Dr.
Rent - 2/= Dr (Wherefrom this is coming I failed to understand)
TDS - 2/= Cr
Bank - 100/= Cr
Now what I want is,
Vendor - 100/= Dr
Bank - 98/- Cr
TDS Payable - 2/= Cr
Where is the mistake, can anyone elucidite me on this?
Thanx
you can check the account assignment in the t.code OBWW. may be it solve your problem........
check there any rent account is assigned...
Raghav
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hi
It may the Terms of payment you have used for the vendors
you please make the Terms of payment field blank and again try to calculate
Thanks
Ansuman
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Hi,
In your tax code to tax type configuration, you have the select "1" for posting, If you select "2" , it is grossing up.
Please check the settings. Assign points as way of thaks.
Thanks
Dasa
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Hi,
Suppose I am posting 100/= payment for a vendor. Now I want to deduct tds say 5% on that. Now while posting by t code F-53 I want a posting like,
<b>
Vendor Dr - 100/=
Bank Cr - 95/=
TDS Payable - Cr. - 5/=</b>
But I find the TDS is not getting deducted from the Vendor payment amount and bank is getting a posting for 100/= (not 95/=), and 5/= goes to Payment Diff A/c. The posting that is taking place is as follows,
Vendor Dr - 100/=
Bank Cr - 100/=
TDS Payable - Cr. - 5/=
Payment Diff - Dr - 5/=
Can you enlighten me on this issue.
Thanks
Message was edited by:
anirban bardhan<b></b>
Message was edited by:
anirban bardhan
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