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How to adjust TDS entry from Bank-reconcilation if AP is cancelled

Apr 12 at 07:44 AM


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Former Member

I have booked one AP with applicable WithHoldingTax. Passed outgoing payment entry for TDS

However, for some reason, have cancelled the AP invoice.

I have also passed manual JE and reverse the entry which had passed while making TDS-Outgoing payment.

Re-entered the AP with applicable WithHoldingTax. subsequently made outgoing payment entry for TDS

while passing manual Bank reconcile,

I can see TWO Payment side entry and TWO Deposit Side entry,

One Payment side entry shall adjusted against one Deposit side entry.

One Payment entry got reconciled as per bank statement.

However, one Deposit side entry remain un-conciled.. Although, bank reconcile statement gets tally..

My question is, how to adjust this balance deposit side entry.

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