Skip to Content
author's profile photo Former Member
Former Member

TDS is not getting calculated for Down Payment

Hello,

I have checked all the following enteries all are perfect........

1) Check whether you assigned the WHT type for payment in the vendor master.

2) Check the field status group of Reconcilation account of Vendor advance payment. The WHT fields should be in optional position

3) Check Field status group of the posting keys which are posting for advance payment.

But still not able to calculate TDS in F-48

regards

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

2 Answers

  • Posted on Jul 19, 2011 at 05:51 AM

    Hi

    You need to check the following also:

    1. In the With Holding Tax Type for Payment that you are using, you have maintained the radio button for central Inv Prop for India

    2. In the Vendor Master With Holding Tax Tab, have you checked for the Check Box "Liable for with holding tax"

    3. You have assigned the tax type for payment to company code in the path

    IMG>Financial Accounting>Financial Accounting Global Settings>With Holding Tax>Extended With Holding Tax>Company Code> Assign With Holding Tax Type to Company Code

    4. There are any formulae maintained for calculation of exempted TDS. Check in the path

    IMG>Financial Accounting>Financial Accounting Global Settings>With Holding Tax>Extended With Holding Tax>Calculation>With Holding Tax Code>Define Formulae for calculation of With Holding Tax Code

    5. The Accounts for With Holding Tax Postings are assigned in T Code FBKP under the Transaction WIT

    Regards

    Sanil Bhandari

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jul 19, 2011 at 07:09 AM

    Its solved...

    Through ticking Bank account relevant to cash flow......Thanks to all for your valuable inputs......

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.