Down payment clearing with with holding tax

[Former Member]

hi,

we have a down payment in f-48

Down payment 10000

vendor               9000

tds                      100

invoice f-43

expence        100000

vendor            90000

tds                 10000

clearing f-54

vendor              9899

down payment  10000

tds                   101

In production I am getting the above entry in f-54

in quality everything is fine

What is the probability of change in tds amount like above ?

[Former Member]

Is there any other possibilities ?

[former_member198650]

Check any changes has been done for payment document? Means any changes done for w.h.tax information of the vendor line item.

[former_member198650]

Hi Fawaz,

Check the rate maintained in w.h.tax code for payment? And also check any exemption rate maintained in the vendor master?

Regards,

Mukthar

[Former Member]

Tds on contract 1%

no exception rate maintained

Is there any other probability?

[Former Member]

One mistake :

At the time of f-48

cash   9900

vendor 10000

tds       100

at the time of f-43

exp 133,457

vendor  132.122

tds 1335

f-54

down payment  10000

tds   101

vendor   9899

how 101 came

when i posted invoice with amount 133400 and 133000. there is no issue

we are getting tds amount as 100 in f-54

but if the invoice amount is 133457 or 133458 or  133333 tds amount is changing to 101 in f-54

Why it is happening ?

[former_member198650]

Have you defined rounding rule for w.h.tax type?

[Former Member]

yes

it is 100

[former_member198650]

What is the settings maintained for central invoice & minimum check for w.h.tax type for payment?

[Former Member]

minimum check -minimum check at item level

central invoice - central invoice propotion

[m_madhu]

HI Fawaz,

I hope you are cleared different DP's against same Inv and left out balance is adjusting.

Regards

Madhu M

[Former Member]

Nop

[Former Member]

Hi Fawaz

Check in WH tax for payment posting

Anil