Manual Entry for TDS or W. Tax?

[Former Member]

Hi,

The Vendor entry has been done and we have received the payment from the vendor sone time back but no W.tax was deducted. But, now we have to deduct the W. Tax for that invoice.

Que: What should be the entry we should do?

Que: When we are trying to put the entry

Vendor A/C Dr

To TDS Lia

Then system is not accepting the entry and giving us the error message "Enter the Section Code instead of Business Place for the 2nd line item"

Que: What should be the way out for it as we can't see the section code field when entering the line item no. 2 for TDS. We have already tried with FSG and Posting Key but still the field is not coming.

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Thanks in advance

Nitin

Edited by: Rob Burbank on Nov 26, 2010 3:09 PM

[Former Member · Accepted solution]

Hi Nitin,

You cannot enter a direct entry in TDS account. TDS liability GL should be marked for automatic postings only.

Since the vendor has already paid, now the Question is for the TDS amount, whether you want to debit the vendor additionally or take the charge in your own books.

Regards,

SAPFICO

[Former Member]

Hi Nitin,

The Possible solution can be as below:

1. Reset the vendor cleared item with FBRA.

2. Use the T.Code J1INJV and deducted the withholding tax. (Make sure the withholding tax code is assigned on vendor master).

3. As now the payble to vendor is less than what you have paid make partial clearing and adjust the balance amount in other invoices of the vendor.

Apart from this functionally speaking you can also deducte the withholding tax for previous invoice in subsequent invoice of the vendor by changing the witholding tax amount in his subsequent invoices in withholding tax tab.

Thanks & Regards

Krishna Chaitanya

[Former Member]

Thanks alot

[Former Member]

Hi

check in the vendor master in XK02 / Xk03 in the withholding tax screen

and also check the atable :J_1ITDSTXC-> withholding tax code wise sections

There you can see the withholding tax code wise sections...what ever you assign you can see in the vendor master

I hope it will helps you

Regards

vamsi