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Wrong B.Place in J1INMIS ( Withholding tax )

Apr 28 at 06:26 AM

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Former Member

Hi All,

We have configure Withholding tax return (TDS).

Scenario is like this :

We have 2 Business Areas say ABCD and WXYZ { B.AREA = B.PLACE in our case}.

we made a payment from BANK having B.AREA/B.PLACE - ABCD to VENDOR having B.ARA/B.PLACE - WXYZ and Accounting document entries are like :

Vendor (DR) ------------------------- WXYZ.

BANK (CR) ---------------------------- ABCD.

TDS (WTH) (CR) --------------------- ABCD.

During Execution of Report J1INMIS - System showing WHT in B.Place WXYZ not in ABCD.

Is this correct or not??

Please advice.

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2 Answers

Sanil Bhandari Apr 30 at 04:43 AM
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The accounting entry gives the impression that you are making a downpayment. You should check with your business that what should be the correct way to account for the above transaction. Ideally, if you are recording TDS Payable in ABCD, you should also record the vendor posting in ABCD.

Regards

Sanil Bhandari

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Former Member

Hi,Our Business requirement is this only as i mentioned in my post.

I only want to know weather business place picked by the program is correct of not.

As TDS is in another business area and Vendor is in another business area and system picks the Business place of the vendor {J1INMIS} but on GL level its TDS is in another Business Area. So, Both the reports are showing different data.

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Hi

J1INMIS represents data from WITH_ITEM. If the transnational data is posted the way you did, J1INMIS cannot show data differently. It will show what is stored in underlying data sets. If you need J1INMIS to show business place as ABCD, you need to post the vendor line item as well with ABCD and not WXYZ. If that does not suit your requirement, develop your own custom report to show data as you want and build custom logic for that.

To me, your process is what needs to be changed rather than expecting the system. The way accounting is being done in your case does not seem correct to me. If vendor is doing a TDS relevant transaction under one TAN No, how can you expect the transaction to be shown in report in another TAN No. This seems to be illogical. TAN No for TDS in India is represented as a Business Place most of the times.

regards

Sanil Bhandari

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Former Member Apr 30 at 10:28 AM
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Check your section code. Ideally Business place and section code should be same.

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Former Member

Business Area and Section codes are same.

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