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Former Member
May 05, 2009 at 12:07 PM

Rounding Rule functionality of withholding tax type level

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Hi SAP Experts,

I have configured Seperate TDS Codes like Basic, Surcharge, Edu. Cess & Higher Edu.Cess and configured rouded to nearest rupee

when user post vendor invoice below less than Rs.300 system is converting to nearest rupee and debiting to TDS GL's instead of Crediting

For Ex: Vendor invoice amount is 200 the entry should be like

Expenses Dr 200

Vendor Cr 194

TDS Basic Cr 4

TDS Edu Cess Cr 1 (Normally is 2% on Basic rate is 0.08, but nearest to rupee configuration)

TDS High Edu Cess Cr 1 (Normally is 1% on Basic rate is 0.04, but nearest to rupee configuration)

but system is posting like

Expenses Dr 200

Vendor Cr 198

TDS Basic Cr 4

TDS Edu Cess Dr 1

TDS High Edu Cess Dr 1

Can you please suggest why is such things are happening

Regards

Sreenivasulu