TDS

[Former Member]

Dear all,

When we are posing the vendor invoice through FB60 with TDS,

The Basic and Surcharge is giving the correct with credit balance, but Edu.cess line item giving the debit balance. which is happening for a single vendor and remaining for all vendor the TDS amount calculating propely with credit balance.

Can any one plz suggest on this... its urgent.

Regards,

Manu

[Former Member]

Hi manoj...the bellow prcedure may rectify u r problem...

Credit memos....

You post a credit memo, entering with the invoice number as the reference number.

You post the TDS in test mode.

The system displays a message, telling you to run the program in update mode.

You post the TDS in update mode.

The system makes the appropriate posting and displays the number of the credit memo along with the TDS posting document.

Down payments....

Clear the down payment against the invoice using the standard clearing transaction.

The next time you run the TDS posting program in update mode, the system makes a posting to correct the TDS, by debiting the G/L account associated with the entered tax code. It also displays the numbers of the down payment clearing document and the TDS document.

Customizing

Define the recipient types in Customizing for Financial Accounting (FI), by choosing Financial Accounting Global Settings -

---

> Withholding Tax ---> Withholding Tax ---> Basic Settings ---> Maintain Types of Recipient.

Create two entries as follows:

Recipient type Text

CO Companies

OT Others

Assign points if useful

Thank you

Dasharathi...