RE: [sap-acct] TDS is getting calculated twice @ the time of invoice & payment.

Posted by FICO (FICO Analyst)
on Jul 30 at 10:21 AM
Hi SJ,

If WHT codes are defaulted in vendor master system will calculate all of them. The best way is to give only withholding tax types in the vendor master with the liable check selected.
At the time of invoice or payment the the tax code can be selected by the transaction processor.

Regards,
SH




Subject: [sap-acct] TDS is getting calculated twice @ the time of invoice & payment.
Date: Fri, 29 Jul 2011 10:16:14 +0530
From: email@removed

Posted by FICO-FRIEND
on Jul 29 at 12:44 AM
Hi Everyone,

We are facing one issue regarding TDS. We have maintained withholding tax of invoice and payment both in vendor master due to this TDS is getting calculated twice at the time of invoice and payment.
The reason of keeping both is that sometime we have to make advance payment first and sometime invoice is processed first and then payment is made. As per rule, we deduct TDS whichever is happened first.

Every time user has to deactivate the WHT in master at the time of payment or invoicing whatever happens second time.

Is there any way to avoid TDS deduction @ the second time. Or any functionality within SAP that system ask whether TDS needs to be deducted or not.

Kindly help on this issue.


Thanks & Regards

SJ
FI Consultant

---------------Original Message---------------
From: Mr. Joshi
Sent: Friday, July 29, 2011 12:44 AM
Subject: TDS is getting calculated twice @ the time of invoice & payment.

Hi Everyone,

We are facing one issue regarding TDS. We have maintained withholding tax of invoice and payment both in vendor master due to this TDS is getting calculated twice at the time of invoice and payment.
The reason of keeping both is that sometime we have to make advance payment first and sometime invoice is processed first and then payment is made. As per rule, we deduct TDS whichever is happened first.

Every time user has to deactivate the WHT in master at the time of payment or invoicing whatever happens second time.

Is there any way to avoid TDS deduction @ the second time. Or any functionality within SAP that system ask whether TDS needs to be deducted or not.

Kindly help on this issue.


Thanks & Regards

SJ
FI Consultant

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