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author's profile photo Former Member
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Vendor down payments with TDS

Hi Experts

I am trying to make vendor down payment with deducting Withholding tax through transaction code F-48. At the time of simulating of the same system is giving error message

"Withholding tax amount exceeds total bank line item amounts.

Message no. 7Q320"

All configuration has been done like tax code and tax type for down payment and assinment of GL account.

Kindly advise as on urgent basis.

Kuldeep Dubey

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    author's profile photo Former Member
    Former Member
    Posted on May 27, 2008 at 07:11 AM

    Dear Kuldeep,

    This error occures due to bank GL that we post during down payment. Go to FS00, put that GL & in "Create/bank/interest" tab tick on relevent to cash flow.

    Your problem will immediatly get solved.

    Regards,

    Ajay

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  • Posted on May 27, 2008 at 07:10 AM

    Hi

    Check the Total Debit & credit for that document

    the normal JV for TDS entry in F-48 is

    Vendor Dr 10000

    Bank Cr 7734-

    TDS - B Cr 2000-

    TDS - S Cr 200-

    TDS - C Cr 66-

    hope its useful ........assign points if found useful

    Regards

    R.Ramakrishnaraj

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