TDS on Downpayment/Partial Payments
Hi Freinds,
My client is facing a problem regarding TDS deduction. i.e, TDS is getting deducted both at downpayment and invoice posting. i want to know whether any configuration is there , where the system identifies the net amount after downpayments/partial payments for TDS.
Note; The client doesnt want to change withholding base amount Manually
and also i have tried the central invoice proposition in the withholding tax type , but it is not working. can anyone help me with this.?...
points wil be defnitely awarded.
thanks and regards
Mohammed A SUlfeekhar
Hi Madhu and All
Here i got some doubt
1. F-48 10000/- tds on 1000/-
2. F-43 50000/- tds on 5000/-
3. f-54 10000/- reverse the tds on 1000/-
4. F-53 40000/- no TDS
in the 4 point f-53 we need to make payment of Rs.36000 with no tds .....
because the tds amount is got reverse of Rs.1000/- in point no.3 so net payment made is 9000/- only. the balance has to be paid is
total invoice -- 50000
less tds -- 5000 -
less advan -- 10000 -
Add tds on adv
(F.54) -- 1000 +
Net amount -- 36000
Can you calrrify me in this regards.
I would be thankful for giving clarification
Regards,
Raga.
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You need to
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SAP Business One Forum Team -
A/R Invoice should be open while partial payment
I am having a problem in incoming payment.
1. Firstly i made one A/R Invoice of Rs. 10000.
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Hafid -
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We are doing a partial payment to 1 of the 2 invoices for the vendor in F-53. The other invoice was paid in full. Then the residual balance was paid thru payment run. Instead of showing both the invoices and payments as cleared items, the system is showing the 1st invoice (paid full) as an open item along with the payment. The invoice that was partially paid intially, along with the payements is showing as cleared items.
E.g.
invoice 1: $ 5000
invoice 2: $ 2000
Payment (F-53) --
invoice 1: 5000 -- paid in full
invoice 2: 2000 -- paid only 1700 (bal 300)
Bal 300: Paid thru Payment run at a later date
Client needs to reverse all the postings and correct the bank information and do a re-payment. The system doesnt recognise the clearing document.
Vendor line item display --
open items: Cleared items:
KR 5000 KZ 1700
KZ 5000 KZ 300
KR 2000
Please help.
thanks to all.there are two payment documents...
first step APP
---> Use FBRA - reset clearing
Second- F-53 document- this is as open item...
---> Use FB08 for this
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Anantha -
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Dear All,
I have a case in which I need to calculate Exchange rate fluctuation on partial payment.
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01.04.2011 1USD = 40 INR
10.04.2011 1USD = 45 INR
01.05.2011 1USD = 50 INR
31.05.2011 1USD = 55 INR
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To Bank Cr 20 USD
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It mean that we have to show excess loss in our report, which is not actual.
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AninditaHi
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Regards
Sach!n
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