TDS Receivable process in SAP ByD

[former_member569131]

Hi Experts,

How to account TDS deducted by customers while doing payment in India ?

I have already explained work around to my customer that is New Charge / Credit in receivables work center. but they don't want to account single transaction into two different transaction.

My client has more than 5000 customers who will be deducting TDS while paying the customer invoice and client wants to add TDS receivable GL in receipt transaction and they want it to be in single transaction. Since volume is huge they are not ready for work around. Kindly suggest if any other practice is available.

If anyone did custom development for TDS receivable, Kindly explain.

For Rs. 10000 incoming invoice If customer deducts Rs,1000 as TDS

Current SAP ByD entries are

Bank a/c (clearing )Dr 9000

To Accounts receivable Cr. 9000

For TDS (new charge/credit)

TDS Receivable Dr. 1000

To Accounts receivable Cr. 1000

( we will clearing the invoice manually)

But Actual entry is

Bank a/c (clearing )Dr 9000

TDS Receivable Dr. 1000

To Accounts receivable Cr. 10000

My client wants this same process to be practiced in system.

If you have any idea please discuss.

Thanks and regards,

Gurumoorti Hegde