Witholding Tax Adjustment

Hello Friends,
I am having query regarding witholding Tax.
We have made advance payment to vendor and TDS is deducted on the same, now when we are entering invoice again TDS is deducted.
How we should we adjust the amount on which TDS is already deducted.
Eg.
Say we have paid advance of Rs 100000/- to XYZ ltd and TDS deducted on it is Rs 1000/- @ 1%.
We are receiving Invoice of Rs. 120000/- from XYZ ltd, while booking the invoice TDS should on balance amount should be deducted i.e. Rs. 20000/-.and not on Rs 120000/-.
Regards
Punit Bhayani

Hi punit,
Example: while making adavance payment to vendor system deduct TDS 100 on the payment of 10000
    After advance paid invoice booked against that advance through MIRO or FB60 then system is deducted TDS 120 on the invoice amount of 12000.
    Now come to F-54 please specify all the header data. after that give the vendor code and in relevant invoice specify the accounting document number of MIRO or FB60. after you press enter choose the respective document number ( Initially advance paid).
    choose the document number and go for simulate system will give debit to TDS account for the amount of 100.
    Please be ensure relevant invoice document contains to the same vendor and TDS has to be deducted.
    In case if invoice booked for the amount of 8000 then in F-54 specify amount manually in transfer posting column for the advance document number so that system will reverse TDS portion of 8000 and 2000 amount and its TDS will be remain there.
    If u transfer through F-51 or any other t.code system will not do TDS reverse automatically.
Hope this is clear and solve your problem. In case of problem revert me back.
Regards,
sankar

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Hi,
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Thank you.
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Hello everyone.
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i found some document that have witholding tax in document such as 5105620781 year 2011.
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i attached excel file to show you what document that cannot print witholding tax, and what document that can print witholding tax.(there are 2 tab in excel )
please clarify why some document cannot print witholding tax certificate.
below link ,you can see my example. (it's excel file)
http://www.mediafire.com/?rokkgg3vtn1aw81
Edited by: dittaporn nanasilp on Mar 22, 2011 6:34 AM

Dear all,
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IMG --> Financial Accounting --> Financial Accounting Global Settings --> Extended Withholding Tax -->Reporting -->Generic Withholding Tax Reporting --> Define Output Groups
choose Your output group double click -->
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Cleared vendor invoices, Credit memos, open Down payments
all vendor documents
all customer documents
and so on.....
Please check which documents with the Withholding tax data You need to extract.
save and run again the generic report.
Now It should work fine.
I hope this helps.
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