Hi All
Customer is subjected to withholding tax (in our case TCS). We have received down payment and appropriate amount of TCS (configured as EWT) was deducted. Now an invoice is generated for an equal amount which is appearing in Customer amount (i.e. net of TCS).
When we are running F.13, system is not clearing the Customer account (Message is "Items with withholding tax code for customer subject to withholding tax").
My question is that if customer/vendor is subjected to EWT, will system clear the open items by executing F.13?
Regards
Rajesh