TDS Error : "Withholding tax amount exceeds total bank line item amounts."

[Former Member]

Hello Experts,

i have configured TDS correct for Invoice & Payment.

now when i m trying to post a down payment with TDS, the following doesnt allow me to go further, can you please help me :

"Withholding tax amount exceeds total bank line item amounts - Message no. 7Q320"

[JavedKamal · Accepted solution]

Hi,

Please check the bank account master data and "relevant to cash flow" checked is on or not.

Thanks

Javed

[Former Member · Accepted solution]

yes Javed, it is marked.

[Former Member · Accepted solution]

Yes Javed, the problem is now solved. i had created Main, Outgoing & Incoming Bank A/cs, of which i had marked Cash Flow only for Main.

Thanx a lot Javed.

[Former Member]

ok. thanx for all the help. all went fine in configuration.

[Former Member]

Hello,

TDS calculated correct on down payment. but while saving the document, i m facing an error :

"Error in numbering of withholding tax certificate"

please help.

[Former Member]

Hi

You select the document type for payment positng , go to details and check in control data

No certificate Numbering check box, You hace tick the No certificate numbering check box

Regards

Vinoo

[Former Member]

Hi

You select the document type for payment positng , go to details and check in control data

No certificate Numbering check box, You hace tick the No certificate numbering check box

Regards

Vinoo

[Former Member]

Yes Vinoo, your suggestion has rectified the error.

Now the down payment with correct TDS has been posted.

thank you very much.

Query :

Does it mean that we cannot make any Form16 unless we do not post any invoice? what if we have paid advance (deducted TDS on advance) & the year end has occurred?

please explain me.

[Former Member]

Hi

Now you are paying advance only. You have adjust these advance against invoice. then you will get form 16

Regards

Vinoo

[former_member182098]

Note 1039154 - Wrong wtax calculation for Down payment chain via interface.