Skip to Content
0
Former Member
Jan 09, 2011 at 02:51 PM

TDS DEDUCTING TWICE AT THE TIME OF ADVANCE POSTING AND AT THE TIME OF INVOg

67 Views

HI ALL

I HAVE AN ISSUE TDS DEDUCTING TWICE AT THE TIME OF ADVANCE POSTING AND AT THE TIME OF INVOICE POSTING

AT THE TIME OF ADVANCE POSTING F-48

ENTRY IS

VENDOR DR 30000

BANK CR 2900

TDS CR 300

AT THE TIME OF INVOICE POSTING-FB60

THE ENTRY IS

EXPENSE DR 30000

VENDOR CR 29700

TDS CR 300

SO TDS HAS BEEN DEDUCTED TWO TIMES

AT THE TIME OF DOWN PAYMENT CLEARING u2013F-54

THE INVOICE ENTRY SHOULD BE REVERSED AS

VENDOR DR 29700

TDS DR 300

VENDOR SPL CR 30000

BUT IT IS NOT REVERSING WHILE CLEARING DOWN PAYMENT AT F-54

FOR THIS I MADE THE CONFIGURATION FOR DOWN PAYMENT IN WITH HOLDING TAX TYPE FOR PAYMENT.HERE I ACTIVATED u201CCENTRAL INVOICE PROu201D

THOUGH IT IS NOT REVERSING THE ENTRY OF INVOICE POSTING AT THE TIME OF DOWN PAYMENT CLEARING AT F-54.

SO WHAT COULD BE THE PROBLE . IF YOU KNOW PLEASE TELL ME THE SOLUTION

I WILL BE GREATE THANKS TO YOU

REGARDS

RAM