TDS amount not rounding for other then local currency

[Former Member]

Hi All,

When I post Vendor transactions in foreign currency, TDS amount is not getting round off in local currency(INR)  where as we post vendor transactions in local currency(INR) TDS Amount is getting round off.

Note:when ex.rate changing manual in miro that time TDS not rounding off(past ex.rates), when ex.rate maintain as par table ob08 its calculating with rounding correctly.

Please advise me how to make TDS amount round off in Local curency(INR) When I post Vendor Transactions in foreign currency.

If you require any info please do let me know.

Please treate it as an urgent.

Thanks & Regards,

venki

[narasimhulu_konnipati]

Just check the Rounding rule for few tax types in the configuration as below.

Company code                  Tax type               Currency          Unit

1000	P1	INR	100
1000	P2	INR	100
1000	P3	INR	100
1000	P4	INR	100
1000	P5	INR	100
1000	P6	INR	100

Path; SPRO -> Financial Accounting (New) -> Withholding Tax -> Extended Withholding Tax -> Calculation -> Withholding Tax Type -> Define Rounding Rule for Withholding Tax Type

Please check it once

Thanks

[Former Member]

Pls help

[Former Member]

Hi all,

how to maintain rounding rule for both currencies (com.code(LC) curr and invoice curr), i have maintained rounding rule for both means INR and USD but its working any one, pls guide

regards,

venki

[former_member188028]

As told by Narasimhulu, have you maintained the rounding rules for all the possible currencies in your company code?

[Former Member]

Hi murali,

yes, I have maintained rounding rule for all currencies, here my problem is when creating invoice through miro with USD currency, system not calculating as per withholding tax code percentage. i have maintained rate 20% on 100 base value, but its working  INR currency and its calculating as per rate maintained in withholding tax code.

regards,

venki

[suma_mani]

Hi Venki,

Do not enter currency in Withholding tax round up in Customization

Rgds

Mani