07-23-2012 6:05 AM
hi dear gurus..
in fica how the tds will calculate i am maintaining with holding tax codes, for this defined effects how it will happen where i need assign for effecting the tax code in line items.
can any any one explain how the process will happen in fica.
thanks
honey..
07-23-2012 2:29 PM
Hi,
First you need to define Check Subtransactions for Withholding Tax Relevance and then Define Formulas for Withholding Tax Calculation. IMG path for above activities is as follows:
SPRO-Financial Accounting (New)-Contract Accounts Receivable and Payable-Basic Functions-Withholding Tax-Check Subtransactions for Withholding Tax Relevance.
Hope this helps.
Regards
Girish