EWT-Tax on Down Payment and Invoice
Hello,
I've activated the accumulation feature in the Withholding Tax Type for both IV as well as Payments. The tax code is the same for both tax types.I've also defined the minimum base amount for Witholding Tax code as Rs.5000 for Official Withholding Tax key 194A and have also maintained formula for Tax code i.e tax should only get calculated if tax amount is more than Rs 5000.
However I've noticed that the tax is getting calculated on the accumulated amount of both Payment and IV separately.
Example:
Tax Type for IV is 01
Tax type for Payment is P0
Tax code is T1 @ 11.33%
I've made a down payment entry using T-code F-48 for Rs 4000 (Tax type P0 and Tax code T1). Now Tax is not getting calculated on this amount which is correct.
Now if I post an Invoice for Rs 1500 for the same vendor (Tax type 01 and Tax code is T1), ideally my tax should get deducted on Rs 5500 (4000 of DP and 1500 of IV) @11.33%. Howver this does not happen. The accumulation feature is working for Payments and IVs separately.
Can someone please help me on this. Is it a particular config which I've missed?
Thanks and Regards,
Sumita
Hi Sumita,
Please follow the below mentioned steps for this issue.
Steps:
1. Define Withholding Tax Type for Payment Posting
Path: FA/****/Withholding Tax/Extended Withholding Tax/Basic Settings/Calculation/Withholding Tax Type/Define Withholding Tax Type for Payment Posting
Here create 2 Withholding Tax Types:
1. 1st for TDS (Basic@10%) Tax Type: S1 and
2. 2nd one for Education Cess (EC@3%) Tax Type: S2
2. Define Withholding Tax Codes
Path: FA/****/Withholding Tax/Extended Withholding Tax/Basic Settings/Calculation/Withholding Tax Codes/Define Withholding Tax Codes
Create 2 Tax codes (One for Basic and another one for Education Cess)
In that screen, give the following inputs
Give WT Key also on the same screen
Save the data
WT Name WT Type Tax Code Base Amount Calculation
1. Basic S1 C1 100% 10%
2. EC S2 C2 10% 3%
3. Define Min/Max Amounts for Withholding Tax Codes
Path: FA/****/Withholding Tax/Extended Withholding Tax/Basic Settings/Calculation/Minimum and Maximum Amounts/Define Min/Max Amounts for Withholding Tax Codes
Letu2019s say there is no TDS up to Rs. 1,50,000 per annuam
Monthly amount or Invoice amount Rs. 12,500 per month
There is no TDS up to Rs. 12,500 and TDS will be charged if the salary exceeds Rs.12,500 p.m.
WT Name WT Type Tax Code Max Amount Minimum Base Amt
1. Basic S1 C1 99,999,999,999 12,501
2. EC S2 C2 99,999,999,999 375.03
4. Assign Withholding Tax Types to Company Codes
Path: FA/****/Withholding Tax/Extended Withholding Tax/Company Code/Assign Withholding Tax Types to Company Codes
5. Update Withholding Tax Codes in the Vendor Master (Employees A/c u2013 Employees will be treated as vendors here)
Give WT Type and WT code here
WT Type WT Code
S1 C1
S2 C2
Note:
1. Please follow the above example and apply it in your case.
2. We have created 2 tax codes for Basic W Tax and Education Cess.
3. Assumed there is no Sur charge.
Hope this is clear and let me know if you have any queries.
Regards,
Kannusamy S
Similar Messages
-
Service Tax On Down Payment and Tax Payment Wizard
Hi All,
We would like to make a down payment and apply service tax to it.
Once i create a AP Down payment invoice with the service tax, make an outgoing payment against it, create AP Invoice and adjust the down payment, now after following this procedure, when i run the tax payment wizard, the service credit available becomes zero.
It works well in case of partial payment but not 100% advance. Has anyone faced this issue??
How can this be resolved?
Thanks,
JosephHi Rahul,
Exactly! The system doesnt consider the tax on DP when we check through Tax Payment Wizard.
I guess this is a missing functionality? What do you think? Because there may be a chance that the service tax may get deducted at down payment! What is your take on this?
Looking for valuable responses from other experts too!
Thanks,
Joseph -
Hi All,
Can the downpayment invoice tax be calculated separately with its invoice tax ? So, the journal entry of invoice only have net tax.
E.g. the DP invoice tax is 5 USD. The sales order tax is 20 USD. The invoice tax must be 15 USD. In SBO, the invoice tax is 20 USD. We use B1 2007A. Pls advice.
SteveHi,
it is current system definition of B1. You can't have the tax amount in the journal entry of the sales invoice document as same as tax amount in the sales invoice because the tax amount in the DP invoice must be also stated in the journal entry of the sales invoice document.
you may send a request to SAP development team so that your requirement can be provided in the next version. currently, you can only do manual journal entry to deduct the tax amount.
JimM -
Table Relationship Between AP Down Payment And AP Invoice
Hello Experts,
I would like to know how an A/P Invoice table and A/P Down Payment table are linked each other.
For example, when you click the button "Total Down Payment" in the A/P Invoice screen, the list of down payments is shown.
How does SBO search appropriate AR Down Payments which is linked to the AP Invoice?
I searched down payment tables (ODPO) which may be linked to purchase order (OPOR) and AP Invoice (OPCH), but I cannot find it.
I'd like to know it to prepare a query.
I really appreciate your help!
--Toshi
Edited by: Gordon Du on Feb 23, 2010 10:19 AMHi Gordon,
I'd like to know AP Down Payment and AP Invoices.
I am checking the table DPO1 right now, and I think I got close to the answer...
Thank you very much for your answer!
--Toshi
Edited by: Gordon Du on Feb 23, 2010 10:20 AM -
Deffered Tax transfer - Down payment Clearing F-39
Hi,
I am using TAXINN procedure and configured deffered tax. I have created two sets of tax codes one set with multiple tax rate in tax codes and one set with only one tax rate in tax code.
Tax code I1 and I2 is created for interim service tax and final service tax with one tax rate in the tax code. The system is working as expected for this setting i.e. when I cleared the down payment against invoice it is updating the table DEFTAX_ITEM table with the advance paid document number.
Tax code S1 and S2 is created for interim service tax and final service tax with multiple tax rates in the tax codes. Here the system is not updating the table DEFTAX_ITEM with the advance paid document number when I cleared the advance against invoice using F-39 T.Code. because of this when we excute deffered tax transfer using S_AC0_52000644 the system is not considering this document. Could you please let me know what is missing is there any thing I have to activate to update the DEFTAX_ITEM table when we cleared the advance with the invoice when the invoice/advance is having a tax code with more than one tax rate in it.
Advance thanks for your help and regards
Koteswara rao Padartihi...
please dont use a deffered tax code for down payments...
Raghav -
Service Tax on Down payment is also getting cleared when clearing Customer
Hi,
when i pass down payment the entry is as follows
Bank A/c Dr 10000
Customer A/c Cr 9000 (Special GL)
Service Tax A/c Cr 1000
When i clear the down payment against invoice the entry is as follows
Customer A/c Dr 9000 (Special GL)
Service Tax A/c Dr 1000
Customer A/c Cr 10000
But i should clear only 9000 not 10000. and service tax also should not get reversed when clearing doc.
And could not find any specific configuration in resolving the above issue.
Please provide any help on resolving the above issue.
Thanks and Regards,
G VINODHi Asheesh,
Thanks for promot reply.
The link which u have assigned is all about WHT (TDS) not relating to Service tax.
Both are different. and i too have checked the same.
But still not able to resolve the issue.
Please provide the inputs.
Thanks and Regards,
G VINOD -
Down Payment Final invoice accounting document split
Dear All,
We are using Milestone Billing and after posting the down payment request, while creating the final billing the Sales order line item and the down payment settlement line items are appearing. After successful creation of the final invoice the accounting document generated with 7 accounting lines. First 3 accounting line item related to final invoice and the last 4 lines are the downpayment reversal posting.
Now our requirment is instead of single accounting document 2 accounting document is required. One for Final invoice and the other one for the down payment. Please suggest us what are the customizations required to activate this.
Kind Regards,
Madhan.Have a look at the following note
Note 1908168 - FBCJ: error FF848 for down payment
and if need, carry out the corrections as recommended in the note after checking with your FI consultants.
G. Lakshmipathi -
hi
the company has made a down payment to a vendor. co. receives an invoice from the vendor. the vendor is paid considering the down payment. but if you see the invoice entry it does not have any reference to the down payment made initially.
the example is :
vendor is paid 25K against an order of 100K. Vendor issues and invoice. When Vendor is paid i.e. final payment , the payment amount is 75K.
but if i check the invoice the invoice shows 100 and no reference of downpayment.
my requirement is the invoice should give some ref. of downpayment so that it would be easy to identify against which the downpayment is made
could you help me in understand how can i achieve this?
regards
VedavateeThe sequence of down payment and its clearing is as follows
Advance payment posting ( F-48 )
Enter SP GL Indicator as A
Purchase invoice posting ( F-43 )
Transfer of Advance from SPL GL to Normal by clearing SPL GL (F-54)
Enter Vendor account number, Invoice number etc., and select process down payments button and double click on amount and save.
Clearing of Normal Items ( F-44 )
Enter Vendor Account number and select process open item button and double click on both items (Dr and Cr) and SAVE.
Then you make payment of remaining balance
Srinivas -
AUC Down payment : Open invoice at year end
Hi All
For LATAM countries I need to complete the Down payment to AUC
At present the configuration is working fine for the following
Create Order type Z60 (KO01).Create distribution rule for the order.
Create AUC (AS01) and assign order number (AS01) .Create receiving asset.
Create purchase order for the asset and assign asset number created above to the PO (ME21N)
Create Down payment request (F-47) with the PO assignment
Create Down payment F-48 with reference to the Down payment request sent earlier
Create Goods Receipt (MIGO)
Create Invoice Receipt (MIRO)
Clear down payment against invoice.(F-54)
ACC entry generated
1
Say 100 was paid as DP against the PO
50 Bank Cr 100
29M Vendor dpecial GL Dr 100
70 AUC DP A/C Asset Dr 100
50 AUC Clearing A/c Cr 100
2
Asset acquisiton invoice posting (ME21N)
70 AUC Asset Dr 2000
31 Vendor Cr 2000
3.
Clearing Vendor down payment (F-54) against invoice
39A Vendor Special GL Cr 100
26 Vendor Dr 100
75 AUC down payment Cr 100
40 AUC clearing GL Dr 100
Now I need to test the scenario wherein the invoice is not recd at period end SAP proposes the creation of a reserves for expected invoice and reversal when the invoice is recd .I have already enabled the transaction types necessary for dp at period end but require assistance on what should be the next steps to test this
Anyone having done a year end close with outstanding invoice....can you please send me the necessary steps for transfer ...is it manual..posting details would be great
RegardsHi
has anyone encountered a similar situation ? -
Deferred tax: Post down payment clearing individually $1 while f-4E3?
Hi all,
We are booking the invoice as well as clearing the special GL transaction through F-43/ F-41
001 39S 0009000457 PRADEEP SANGVIKAR 10,000.00-
002 40 6030000039 Testing Charges 9,066.00 SA
003 40 4040000067 Service Tax Credit( 907.00 SA
004 40 4040000069 EDN cess on ST cred 18.00 SA
005 40 4040000071 H&SECess on ST cred 9.00 SA
Hhere S (SPECIAL GL) is for staff advance
we are getting the error
Deferred tax: Post down payment clearing individually $1
Message no. DEFTAX023
kindly solve ?Hi,
Kindly refer to below SAP notes. Might be helpful.
Note 913805 - Error FF891 or DEFTAX025 when posting FI-Documents Version: 5
Thanks
Aravind -
Deferred tax: post down payment clearing individually $2 while f-44
Dear Experts:
We are trying to clearing the Special G/L transaction through T-code : F-44 but facing an error as Deferred tax: Post down payment clearing individually $2. Please find attached screen shot for your reference.
Would you please suggest me why I'm facing this error and how can I resolve this issue?
Thanks in advance and your prompt response is will be highly appreciated.
Best Regards.
Ripon Kumar PaulDear Dev:
Many thanks for your prompt reply. Already I've checked Sap Note 913805 and deleted all 4 BTEs mentioned there through T-code : FIBF but problem still exists. I'm facing the same problem.
Best Regards.
Ripon Kumar Paul -
A/r down payment request/invoice
Hi
Can anybody give a link for Documentation Resource Centre, on a/r down payment request/invoice in sap 2007 B
Thankshi Madhan
Scenario.
Unit Price = 2,25000
B.E.D = 18000
Cess = 540
Vat 2% = 4871
Advance Payment = 70,000.
Balance = 178411.
Before Creating Sales Order Advance is taken from customer. Then Sales Order is created .
Before delivery performa invoice is raised indicating Advance & Balance Amount against that Sale Order
Example price = 225000 Taxes = 23410 Advance = 75000 Balance = 178410. Then finally invoice is raised for the full amount.
How this can be done.
Is there any document on How to link Customer Advance with A/R Invoice for Sap Business One 2007.
Thanks -
Table Relation with Payment and Invoice of Vendor
Hi all,
I have one question about Table Relation with Payment and Invoice of Vendor.
the scenario is.
2 Purchase Order number : 100000001/100000002
1 Invoice document number : 200000001 which include 2 Purchase Order.
1 Payment document number : 300000001
How should I found out table relation from Payment document number - Invoice document number - Purchase Order number. ?
I try to link the following table, but it does not work.
RBKP * Invoice Receipt
RSEG * Invoice Receipt document line item
BKPF * Accounting Document Header
BSEG * Accounting Document Segment
PAYR Payment Medium File
BSIK Accounting: Secondary Index for Vendors
BSAK Accounting: Secondary Index for Vendors (Cleared Items)
BSIS Accounting: Secondary Index for G/L Accounts (Open Items)
Does any one know about it ?
Regards
KY ChuangHi Venkatesh,
Thnx a lot for the reply. This has almost solved my problem, however there's one thing left. when I'm trying to take a print out after exporting the info into an excel sheet, the information really looks scattered, i.e., is there a way where we can go ahead and get the info in a rather unscattered manner.
I've tried to take a print directly without actually transferring the info into an excel sheet, then each of the vendor is printed in a separate page, which again they feel is a problem.
So, if you have an idea pls suggest.
Thnx again for the information.
regards
sandhya -
AP down payments and final invoice
Hi,
I have a purchase order for 10,000
I made a down payment to vendor wrt PO for 5000. Now I have received an invoice for 5000.
When I do MIRO, there is a pop up message saying that 5000 down payment exists on vendor and PO XXX. But it will not adjust against the invoice.
Is there a configuration to adjust down payment at the time of MIRO(Invoicing) as the clients wants to enter the final invoice only for 5000 and not for 10000.
Pls suggest me a suitable solution.
Thanks
SriniSrini,
since the payment to vendor is 5K only and it is already paid via downpayment, you book the invoice and clear the invoice & down payment together manually through F-54 and F-44.
from EHP4 the downpayment clearing function is integrated in invoice verification, the BC set "LOG_MMFI_P2P" has to be activated.
see the link:
Down Payments in Logistics Invoice Verification - ERP SCM - SCN Wiki
thanks, sharif -
S_AC0_52000644 - Deferred Tax Transfer (Down Payment)
Dear All,
While executing S_AC0_52000644 - Deferred Tax Transfer ,
Gives Message "List Contain No Data"
Checked possible enries and found that , in Table DEFTAX_ITEM, Only
Invoice entry (MIRO) is recorded. Payment and Clearing entry are not there.
Probelm mab be due to not recorded entry of Payment clearing in table
DEFTAX_ITEM. Why / How it's not recorded.
Sequence of my entries are as below.
ME21N Service Purchase Order (Doc No. 4700002105)
ME29N - Release Purchae Order.(Doc No. 4700002105)
F-47 - Down payment Request (Doc No. 1017001832)
F-48 - Post Vendor Down Payment (Doc No. 1015007554)
ML81N - Service Entry (Doc No. 1000003590)
MIR7 - Park Vendor Invoice (Doc No. 5100010944)
MIRO - Post Vendor Invoice (Fi Doc. No. 1051010956)
F-44 - Vendor Clearing. (Cleared Doc No. 1015007554 & 1051010956 and
Clearing Doc No. 1041001123)
Regards
Swati ShahHello
Thanx for prompt reply,
Created New Document type 'ZT' . nowi want to assign 'ZT' as a Defau;t Document type in S_AC0_52000644 .
Tried with SHDO by giving Transaction Code S_AC0_52000644
Screen Variant : ZS_AC0_52000644
Program : RFUMSV50
Screen : 1000
and press 'F5' to screen variant.
Here system gives error message ,
No screen variant can be saved for RFUMSV50 1000 (selection screen), Message no. MS445
Diagnosis
You want to create a screen variant for a selection screen. You can only
create screen variants for "normal" screens, dialog boxes, and
subscreens.
System Response
Process rejected.
Procedure
For selection screens you must create selection variants instead of
screen variants.
SO how to create selection variant for selection screen
Regards
Swati Shah
Maybe you are looking for
-
I'm considering a MacBook Air. I have two Firewire backup hard drives and a original iPod that also uses Firewire. Is there a simple USB to Firewire adapter to enable use of these items from a MBA?
-
Disable RightClick on PDF in Browser using API methods ?
How to use adobe acrobat API method/events to capture function keydown effectively disabling rightclick menu in Reader in browser? Question: can anyone illustrate how to disable menu right click ? ive seen methods/events in the acrobat api that look
-
G4 mdd with marathon G-Rack(computer mounted sideways)
I'm curious to see if anyone else is running an mdd using the now-extinct marathon g-rack rack ears. First question, is it safe to run one of these sideways as far as cooling is concerned? I know these things have problems with overheating, and being
-
Is there a way to admin a new Xserve RAID from my Lion Xserve? I have many 1TB drives I would like to share through AFP on the Lion Server with an Xserve RAID connected to the Xserve via Fibre Channel. Is this still possible?
-
AddCurrentValue date paramater Type Mismatch Error
Post Author: brentlaw CA Forum: Other I am using vb6 and CR XI. I have Component "Crystal ActiveX Report Viewer Library 11.0" loaded and Reference to "Crystal Reports ActiveX Designer RunTime Library 11.0". I can successfully use AddCurrentValue an