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author's profile photo Former Member
Former Member

TDS issue

Hi,

TDS exemption has been updated in Vendor master but while booking TDS is not deducted, what is the reason, any config missing.

EX: WHT code is: xx

Per on sub : 100%

Rate :2% this settings maintain in the WHT code creation, now user has maintained in vendor master Exem % is:99.99 , how its working.

Please suggest me

Regards,

Venki

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 30, 2011 at 08:51 AM

    pls check the business place/section code in invoice.

    XK01 - select withholding tax-- select Tax codes. W/Tax

    To get TDS certificate we use T code J1INMIS, Pls dont go to This T code: Follow this:

    1. J1INCHLN

    2. J1INBANK---Bank no, will be Check Issue A/C.

    3. J1INCERT----In this document date should be end of the month date exampl=31/03/2011

    After giving all the details in J1INCERT

    select - Ctrl S (Save the document_

    you will see the below screen (Variant) give variant name XXX Description (Check Printing)

    save, you will get 16A Form.

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  • Posted on Dec 30, 2011 at 10:56 AM

    Hi,

    Please enter 99.75 in the exemption percentage field of Vendor master data to get 0.01 exemption.

    If you enter 99.99 as exemption percentage TDS amount will be calculated as 0.0002, in SAP this will be treated as 0.00 so it will not generate any line item for TDS.

    Please find below example for TDS exemption calculation.

    Invoice - 100.00

    TDS - 2%

    Exemption percentage - 99.75%

    Calculation:

    TDS amount: 100*2%=2

    TDS amount after exemption: 2- (2*99.75%) = 0.01 (after rounding 0.005).

    Regards

    SM

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