Skip to Content
author's profile photo Former Member
Former Member

TDS on customer - only at the time of Receipt of amount

Dear experts...

My straignt question is ...

TDS on Customers must be deducted ONLY at the time of payment receipt... but not at the time of either advance receipt nor at the time of Invoice posting.

What i have to do to get this facility from system.

Dasu

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on May 22, 2009 at 08:49 AM

    Hi,

    In customer master assign tds payment type/codes only. At the time of Advance receipt remove the codes manually at the transaction level.

    Regards,

    Rajeswari

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on May 22, 2009 at 09:29 AM

    Hi

    While creating the Customer Master, assign only tax type for the Payment. Do not assign the tax types for Invoice.

    While recording the advance receipt received form customer, either delete the tax type for payment (in the pop up) or else give the base amount as zero.

    I hope this will solve your doubt.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.