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Former Member
Apr 19, 2010 at 03:43 PM

EWT confing - Difference FI & A/R - A/P


Dear All,

We just want to know what is the difference between EWT,which comes under Financial Accounting Basic Setting(New) and the EWT which falls under the head of A/R & A/P > business Transaction > Incoming Invoice and Cr memos > Carry out and check setting for WITHHOLDING TAX.

Also let me know exactly in place the A/P EWR is useful or what is the purpose of the EWT in A/R &A/P.

Actualy we want to calculate TDS on interest from Customer deposited received by us.

But when we assigned the tax code(which was created in FA EWT) to customer master,the system does not calculated the TDS.We used the formula (in the above mentioned tax code),as we want to calculate TDS only if the payable amount is more than Rs.5000.

Do suggest how to acheive our requirement.