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WithHolding Tax during outgoing Payments

Nov 18, 2016 at 05:10 AM

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Former Member

Hi;

We have many rides, In one of our ride we have partners. After revenue of that particular ride we are going to pay on account payment to the partner as per his share in outgoing payment but there is no way found for withholding tax. How can we deduct the withholding tax during on account payment in this scenario ? Please guide.

Regards

Muaz

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3 Answers

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Former Member Nov 21, 2016 at 11:20 AM
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Hi,

Currently SAP does not support TDS deduction while making on account payment. The alternate option is to book down payment invoice and deduct TDS there.

Regards

Pradnya

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Former Member Nov 21, 2016 at 11:29 AM
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Hi Pradnya;

Thank you.

Regards

Muaz

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Former Member Feb 02, 2017 at 04:23 PM
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HI

We tried to do with down paument invoice then on outgoing payment , but i am not able to deduct tds . kindly let me know if any step i missed out.

Regards

Sneh

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