on 03-29-2011 8:51 AM
Hi,
Usually we deduct TDS in F-43 and a with holding tax agent pops out to enter the TDS details.Now,I want to deduct TDS at down payment level.
What is the customization required to deduct TDS when we make down payment using F-48? I want to calculate TDS in F-48?
Kindly help.
Hi
Please go through the below mentioned path and follow the mentioned steps
Define a new tax type for payment posting and Tax Code assign the same into Vendor Account
SPRO>IMG>Financial Accounting>Financial Accounting Global Settings>Document>Line Item>Controls>Define Field Status Variants
1)First Select the field Status Variant & then Select the Field Status Group(G026)
2)Double Click onG026
3) Double click on Taxes & make the changes as required.
4)Assign the same to Advance/Down Payment to Vendor G/L account in FS00
also please refer the below mentioned link
http://www.sapficoconsultant.com/pdf/Extended%20Withholding%20tax%20configuration.pdf
from the above link you will get details configuration regarding With holding Tax
hope this will solve your problem
Regads
Praveen PC
Edited by: Praveen Chirakkel on Mar 29, 2011 11:25 AM
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Hi,
Define a new tax type for payment posting. You have to do all the setiing that you have made to invoice tax code. Also assign this tax code in the maser data of vendor.
Regards
Milind Sonalkar
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Dear Dev,
please kindly be awared that the Down payment is a payment in advance thus if You want to calculate the TDS You have to define a withholding tax type at the payment time. Withholding tax type at the invoice time will not be considered at all during the Down payment posting.
I hope this helps You.
mauri
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Hi,
All the steps are same except below,,
Create withholding tax type for payment posting.
Regards,
Chintan Joshi
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