F-04 Withholding tax calculation
Dear All,
In Tcode F-04 (Transfer Posting with clearing) i am using Posting key "31" for Vendor Credit AMount.
Here, I am not able to calculate automatic withholding tax amount
Withholding tax data is already maintained in the vendor's master data.
Withholding tax calculation is possible with other Tcode like FB60...
but With F-04 it's not calculating.
How to calulate withholding tax amount.
It it something configuration problem .
Pl suggest me some solution.
Regards
Swati
For E.g
My Client wants the system to calculate Withholding Tax on purchase of Air Ticket from his Agent
Travel expenses xxxxx
Vendor - Air travel agent xxxx
Note 2 : WHT collected by the vendors on purchase of the air ticket and recorded as an asset for onwards claim from Tax Authority.
The system simulates the following accounting entry: (Payment)
Vendor XXXXXX
WHT Asset** XXXXXX
Bank XXXXXX
In This Case this entry is not Correct . It should be
Vendor XXXXXX
WHT Asset XXXXXX
Bank XXXXXX
Hope you got my requirement
Edited by: MAZ on Sep 27, 2010 3:18 PM
Edited by: MAZ on Sep 27, 2010 3:56 PM
Similar Messages
-
Withholding tax calculation @ Customer payment
Hi
Experts, can any one help me on this issue??. I want to calculate and post withholding tax for a customer at the time of incoming payment(F-28). I have already activated extended withholding tax, defined tax type, tax code, & assigned in the customer master data. But system not calculating the tax nor its displaying tax code in the payment screen, & throwing a message when I double click on the relevant tax column ie " withholding tax information missing from line item" I f someone could throw a light on this, it would be a great help,
Thanks in advance
Hariharan.Kindly check
1. Define witholding tax type for invoice posting
IMG > Financial Account Global settings > Withholding tax > Extended Withholding Tax > Calculation > Withholding Tax type > <b>Define Withholding Tax Type for Invoice posting</b>
2. Define witholding tax type for payment posting
IMG > Financial Account Global settings > Withholding tax > Extended Withholding Tax > Calculation > Withholding Tax type > <b>Define Withholding Tax Type for Payment Posting</b>
and also check OBWW (Define account for w/h tax)
rgds. -
Withholding tax calculated including transactional tax.
Hi
can any one send me the documentation for Withholding tax calculated including transactional tax.
thanks
[email protected]
Edited by: Prashant on Apr 28, 2008 8:04 PMHi
By default the system will calculate Withholding Tax for whole amount, if we want to change the value of Tax we have to manually change the Withholding Tax Base amount in the Withholding Tax tab of the Document Entry Screen and Change the Base amount to the amount for which the Withholding Tax has to be deducted then the system will calculate the Withholding Tax for the Base Value entered by us.
Regards
P Rajan -
Withholding Tax Calculation Error for Vendor Down Payment Clearing:Oct '09
Hi,
We are trying to incorporate the new Withholding Tax Structure w.e.f. 01-Oct-09.
There were 3 scenarios possible:
a. Invoice = Down Payment
b. Invoice < Down Payment
c. Invoice > Down Payment
While 1 & 2 were taken care of effectively, the third scenario did not work as expected. The scenario is as follows:
1. Down Payment (Date : 30/09/09)
Amt : Rs. 40000/-;
Withholding Tax @ 15% : Rs. 6000/- (40000 * 15%)
Surcharge @ 10% : Rs. 600/- (6000 * 10%)
Edu Cess @ 2% : Rs. 132 (Rs. 6600*2%)
Higher Edu Cess @ 1% : Rs. 66 (Rs. 6600*2%)
2. Invoice (Date : 02/09/09) - As per new TDS Rates
Amt : Rs. 50000/-
Withholding Tax @ 10% : Rs. 5000/- (50000 * 10%)
Surcharge : NIL
Edu Cess : NIL
Higher Edu Cess : NIL
3. DPC (Date : 02/09/09) - Reversal of TDS calculated in Down Payment (Step 1) above.
Issue:
While making J1INCHLN, amount is adjusted as Rs. -1000/- (hence zero) not payable.
Also, the Surcharge, Edu Cess & Higher Edu Cess are also getting reversed in DPC.
As suggested by SAP Note No. 1372734 - Handling of downpayment clearing scenarios after budget '09, the scenario does not seem to work.
Actual payable should be worked out as under:
Invoice : Rs. 50,000/-
DP : Rs. 40,000/-
Bal : Rs. 10,000/-
TDS @ 10% : Rs. 1,000/-
All TDS Challans, Certificates & Returns must reflect Rs. 1000/- in the Challan.
Require assistance.
Regards,
Kapil TilwaniHi Kapil,
The following needs to be taken care of -
The message controls settings as the note suggests must be set as W.
When entering the details the logic is Vendor Debit amount is Tax amount + 1
The Vendor credit line, the tax code has to be assigned with the advance amount (amount for which the challan has been created) as the tax base amount and the tax amount will be the extra liability that needs to be created.
In your example -
The tax amount will be - 2000 ( the debit at the time of downpayment clearing should have been 4000 instead of 6000)
Tax base amount - 40000 (Challan for this amount has already been made at the time of downpayment made)
The vendor Debit - 2001 (2000 + 1)
The vendor credit - 1
Note - Tax amount and base amount has to be made manually in the withholding Tax tab for the credit entry.
Please revert for any clarification.
Thanks and Regards,
Anit -
Vendor Withholding tax calculation
Hello
The vendor has been assigned with withholding tax code for billing type and payment type.They both are activated.
At the time of Invoice withholding tax has been calculated and also at the time of payment also withholding tax has been deducted.....
what is the solution for this...
regardsHello
In our case withholding tax is defined for invoicing and payment type for both.......so system will calculate on whichever is earlier.....
here its deducting at the time of invoicing and also at the time of payment......at the time of payment the line item for withholding tax comes in display mode......because of thst not able to make that amount equal to zero...
regards -
Withholding tax calculation with formula base problem
Dear all,
I maintained some formula depend on client requirement. for example:
up to 200,000.00 no withholding tax
2 lax to500,000.00 <1.00 %> tax
5 lax to 1,500,000.00 <2.50%> tax 1.00 % Reduce on 500,000.00 base amount
15 lax to 2,500,000.00 < 3.50 % > tax 2.50 % Reduce on 1,500,000.00 base amount
25 lax to 3,000,000.00 < 4.00 % > tax 3.50 % Reduce on 2,500,000.00 base amount
30 lax to 99,999,999,999.00 <5.00 %> tax 4.00 % Reduce on 3,000,000.00 base amount
Like this i maintained slabs in formulas for calculating withholding tax. depend on this formula up to 2 lax their is no tax. after crossing 2 lax up to 5 lax 1% tax
in this case tax will calculate based on total vendor invoices. But hear it is calculated on present invoice based only. for example i posted 2 invoices with amount 2 lax. it means i reached 1st slab up to 2 lax no Tax. system also calculated like that only. but when i try to post another invoice with amount 3 lax system is calculated 1% tax on 3 lax amount only. but already i posted 2 lax invoice in vendor account. system not considered this amount.
*but actually in this case i want to calculate 3+2= 5 lax * 1% tax . but hear my system is not consider previous invoices .*
Please do need full help.....
Regards,
Krishna Valeti
Edited by: chaituvaleti on Sep 9, 2011 8:51 AM
Edited by: chaituvaleti on Sep 9, 2011 8:54 AM
Edited by: chaituvaleti on Sep 9, 2011 9:02 AMCan you please share the information to us, it will be a great information to us , thanks in advance.........
-
No Withholding tax calculated when the work area is changed
Hi All
I have changed the work area in infotype 208 for an employee from OH to IL. Then i ran the payroll, but no withholding tax for IL was calculated. The employee residence area is IN.
Any inputs on why its not calculated ?
Regards
VamsiHello Yogesh,
Thanks for your reply!!!
We have solved the issue.
the issue is really due to after 7.3 Upgradation the RSPC_MONITOR had two more new feilds added
1) UNAME & 2) CHECK_TIME
and this fields doesn't exist in the 7.0 Version so due to this inconsistancy the Structure was failing.
so we have included two new Fields in the structure in the program and in the Customer Exit and working fine now.
With Regards,
PJ. -
Withholding tax calculation on Expenditure document
Hi all of you,
We have a scenario where direct expenditure entry could be made with out the vendor invoice i.e.
Courier Charges A/c Dr.
Service tax Receivable A/c Dr.
To HDFC
To TDS Payable A/c
My client is asking to calculate the W/h tax on the expenditure line item and he is asking to include the items in remittance challan and as well as Form 16a and to be included in E-TDS quarterly return for the corresponding vendor.
I think W/h tax calculation is purely dependent on the vendor line item only as we do assignment in the vendor master. How is it possible in SAP?
Please help me out.
Thanks & Regards
Ramki
Edited by: Ramki on Apr 17, 2009 11:56 AMDear Rams,
SDNFICO is right.
If You want to have the following posting:
Itm PK Account Account short text Assignment Tx Amount
1 31 100214 indian vendot 1.000,00-
2 40 444444 Consumptn, raw mat.1 1.300,00
3 50 177000 Withholding tax 300,00-
You have to manipulate Your wt code changing the WHT tax rate and use 23.08%
IMG --> Define WT Codes --> double click on Yours:
Percentage subject to tax 100,00 %
With/tax rate 23,0800 %
there is no other option at all.
I hope this help You.
Mauri -
R12.1.3 AP Module Rounding Difference during Withholding Tax Calculation
Problem Summary:
Figures does not “round” While we make a payment for multiple withholding tax invoices in one go.
For eg
We pay Withholding Tax to a Tax Authority in one go @payment time.
In this scenario there are 3 invoices which needs to be paid through 1 payment.
When we make a payment for these 3 invoices the amount becomes 6515.52. This is a wrong figure. The figure should be rounded to 6516.
Invoice No Invoice Amount
INV1 5312
INV2 253.4
INV3 950.12
Total Payment Amount for these invoices i.e 1 Consolidated Payment which Oraclegenerates is 6,515.52 .
Expected behavior:
Instead of processing a payment of 6516, the system is generating a payment of 6515.52. which we don’t want.
We want system to generate a payment of 6516.
In order to arrive at the figure of 6516
Oracle says we have to customize AP_CUSTOM_WITHHOLDING_PKG....... in that package following SPECIAL ROUNDING SCRIPT NEEDS TO BE UPDATED.....
In order to get the following results; for instance;
eg----IF FIGURE for INV 1 IS ------ 100.51 MAKE IT 101
eg IF FIGURE FOR INV 2 IS --------100.50 MAKE IT 100
eg IF Figure FOR INV 3 is --------100.49 MAKE IT 100
Hence i found the following AP_SPECIAL_ROUNDING script................but needed to update to get the above results........pls help on how to update following AP_SPECIAL_ROUNDING script...........
procedure Ap_Special_Rounding (P_Checkrun_Name IN varchar2)
is
--l_org_id NUMBER(15); -- BUG 7232736
BEGIN
-- BUG 7232736 : added select ot get the Org_id using checkrun_id (p_checkrun_name)
-- select org_id into l_org_id
-- from ap_checks_all
-- where checkrun_id = P_Checkrun_Name;
-- IMPORTANT: This section is reserved for Globalization features.
-- Please do not modify code here.
-- BUG 7232736 replaced sys_context with g_zz_shared_pkg.get_product/reverted to Orginal code.
IF sys_context('JG','JGZZ_PRODUCT_CODE') is not null THEN
-- IF jg_zz_shared_pkg.get_product(l_org_id, NULL) is not null THEN
JG_WITHHOLDING_TAX_PKG.AWT_Rounding(
P_Checkrun_Name
END IF;
-- Please enter all custom code below this line.
-- Begin Custom Code
null;
-- End Custom Code
END Ap_Special_Rounding;
Please Help…………………………………………!Hi.
As far as i concern your requirement should have a different explanation. Withholding Tax concerns retaining an amount to pay to the Tax Authority. At least this is the general concept, so the WT account must allways be credited, never debited.
Octavio -
Withholding tax calculated by line item
Hi all,
I am trying to test the withholding tax for vendors. My question is, if the invoice has many line items, and not all line items are subject to withholding tax due to its transaction nature, is it possible to select which items are applicable for withholding tax and let the system calculates the withholding tax by the line items? If yes, how do i do that as my understanding is, the withholding tax is at header level.
Thanks.
Regards,Hi
By default the system will calculate Withholding Tax for whole amount, if we want to change the value of Tax we have to manually change the Withholding Tax Base amount in the Withholding Tax tab of the Document Entry Screen and Change the Base amount to the amount for which the Withholding Tax has to be deducted then the system will calculate the Withholding Tax for the Base Value entered by us.
Regards
P Rajan -
Withholding tax calculation at down payment clearing F-54
Hi,
Can any one reply the solution
When I am posting down payment to vendor, Basic TDS, Surcharge, Ecess on TDS and Ecess on Surcharge calculated.
Invoice is half of the down payment and TDS and Ecess on TDS calculated properly.
but when i am trying to clearing the down payment against invoice thru F-54, TDS and Ecess on TDS reversed and surcharge and Ecess on Surcharge is also reversed on proportionate basis.
It should not be reversed and client wants which is TDS is raised at Invoice it should be reversed. but we are getting more than that.
Plz help me
saiHi,
I think, what system doing is fine,
Let me explain with the accounting entries,
1. Down Payment
Debit Vendor SPL GL a/c 1000
Credit Bank a/c 945
Credit TDS Payable (all taxes) 55
2. Invoice Verification
Debit GR/IR or Expenses a/c 2000
Credit Vendor a/c 1890
Credit TDS Payable (all taxes) 110
3. Down Payment clearing
Debit Vendor a/c 945
Debit TDS Payable a/c 55
Credit Vendor SPL GL a/c 1000
4. Payment (Final)
Debit Vendor a/c 945
Credit Bank 945
5. TDS Payment
Debit TDS Payable 110
Credit Bank a /c 110.
Hope the above scheme of enteries would be helping you to understand this flow.
Saravanan.A -
Hi SAP expert
While configuring exteneded witholding tax how to make sure that tax is deducted only properly at the time of advance payment and invoice ,i.e, how to avoid double deduction of tax both at the time of advance payment and invoice. suppose there is downpayment of Rs. 100000.00 to contractor and Rs. 150000.00 invoice is raised. Principly if we have already deducted Tax on Rs. 100000.00 only on balance Rs. 50000.00 tax should be deducted at the time of invoice.
2. In vendor master we enter w/tax types and codes for invoice or payment or both. Please clarify.
thanks
S APHi,
<b>If i am processing advance payment 1st i will make payment net of tax and while invoicing i can delete the payment relating tax code.</b>
<i>Yes! you can avoid tax being deducted at the time of invoice by giving 0 against both the Down Payment code and Invoiceing WHT codes in the WHT Tab of FB60.</i>
<b>Suppose i am invoicing 1st how i will make payment partial or full without tax as tax is already deducted 1st in advance.</b>
<i>Pl. rephrase your question when you 1st do invoice, how can you make a down payment later.
If you make first Invoice, the TDS is made at the time of Invoice, in this case in WHT Tab put 0 against the DP Tax code. Net amount will be credited in the vendor account.</i>
<b>Where is the option to deselect tax codes.</b>
<i>You need not delete the Tax code while processing the transaction you can put 0 against the tax code which are not applicable for the transaction.</i>.
In your earliet question there is another way of doing it..
When you make down payment of Rs.100000, you deduct the TDS and when you make invoice of Rs.150000, you can put 0 against the DP tax code and Rs.150000 against the INV tax code.
When you settle the Down Payment to the Invoice the tax entries passed at the time of DP will get reversed and the TDS accounts will contain the TAX amounts for Rs.150000 only.
Even if you have made the payment of TDS on DP the balance of TDS on Rs.50000 only will be processed at the time of payment of TDS on Invoice.
Thanks
VK -
Calculation of withholding tax after the certain amount
Hello all,
I would like to ask you when you can customize the settings for withholding tax. We have received the request to set a new witholdng tax which should calculate after $1000 before IVA (if invoice before iva is $1001 should calculate withholding) if the amount is 1000, it should not calculate the withholding tax.
Is it possible? so far its set with base amount 100% and calculation witholdng tax rate: 5%, posting indicator 1.
thanks a lot for your appreciated feedback
regards
HanaDear,
Please use minimum and maximum amounts for your requirement in withholding tax calculation, go to spro-->financial account >financial accounting gs>withholding tax >extended withholding tax> calculation>min/max amounts>define min/max for types.
Here, give the mini amount as 1000. Now check how the system will calculate. -
Restrict Withholding Tax change in not cleared documents
Hello,
We want to adjust the Document chnage rules - OB32 in a manner that it restricts Withholding Tax fields from changing when the document is not cleared.
We tested & found that the Withholding tax fields as below when defined in document change rules are giving strange results.
BSEG-QBSHB Withholding tax amnt
BSEG-QSFBT Wthld.tax-exempt amt
BSEG-QSSHB Withhold.tax base
BSEG-QSSKZ Withholding tax code
BSEG-QSZNR Exemption number
Of these the field BSEG-QSZNR - Exemption number field remains unmodifiable in FB02 when the document is cleared & also when it is not cleared. We tested it for Vendor & the settings were made for Account type K.
The field is always greyed out even if we make the field as modifiable in OB32.
The rest of the fields are remaining modifiable when the document is not cleared & become non modifiable when the document is cleared. This behaviour is not affected by whatever settings we make in OB32.
We tried to search for an SAP note for this peculiar behaviour but could not find one.
Could you please help.
Thanks & Regards
ShreenathDear Shreenath,
if You want to retrict, please delete from V_TBAER table the entries I suggested and then go to IMG > Extended Withholding Tax>Calculation>Withholding Tax Type> Define Withholding Tax Type for Invoice Posting or Define Withholding Tax Type for Payment Posting -->
There will be a frame named Control data; there please switch off the flag "W/tax base manual" and "Manual W/tax amount.
Please do a test and let me know.
Mauri -
Withholding Tax line item in Vendor Invoice (F-43)
I am implementing EXT Withholding Tax for a client. I have made all the settings but while doing the invoice after selecting the withholding tax codes for the vendor, system is not showing any line items for the withholding tax.
I have made the settings like this:
Defined business place, section codes, withholding tax keys, tax types, tax codes, applied the tax codes in the vendor master with 'liable' tick, defined in the tax code the posting indicator 1 for posting separate line item and activated the Ex Withholding tax in the company code. I have also made the field status of withholding tax as optional for posting key as well as FSV for GL accounts involved in the postings. Also made the vendor account group field status as optional for Withholding tax postings.
I am not getting where I have missed. System is also not shooting any error.
Please share your views.Hi,
Did you do Configuration steps of Extended Withholding Tax(EWT) as follows.
1.Define withholding tax type for invoice posting
IMG----->financial accounting>financial accounting global settings>withholding tax---->
Extended withholding tax-->calculation>withholding tax type--
>define withholding tax
type for invoice posting
2.Define withholding tax type for advance posting
IMG----->financial accounting>financial accounting global settings>withholding tax---->
Extended withholding tax-->calculation>withholding tax type--
>define withholding tax
type for payment posting
3.Define withholding tax codes
IMG----->financial accounting>financial accounting global settings>withholding tax---->
Extended withholding tax-->calculation>withholding tax codes--
>define withholding tax
codes
4.Define formulas for calculating withholding tax
IMG----->financial accounting>financial accounting global settings>withholding tax---->
Extended withholding tax-->calculation>withholding tax codes--
>define formulas for calculating withholding tax
5.Assign Withholding tax type to company code
IMG-->Financial accounting--->financial accounting global settings>withholding tax----->
extended withholding tax-->company code--
>assign Withholding tax type to company code
6.Activate extended withholding tax
IMG-->Financial accounting--->financial accounting global settings>withholding tax----->
extended withholding tax-->company code--
>activate extended withholding tax
7.Assignment of accounts for automatic posting-----OBWW
IMG---->financial accounting--->financial accounting global settings>withholding tax--->extended withholding tax>postings>accounts for withholding tax--
>define accounts for withholding tax to be paid over
8.Maintain company code settings for india
IMG----->logistics-general--->tax on goods movements>India>basic settings--
> maintain company code settings for india.
9.Assign tax codes in vendor master----
XK02
Regards
Venkat
Maybe you are looking for
-
When I go through the process of retrieving my password the system says it has sent an email to address to which the account is associated but that is not happening. The information (birth date & secret hint) associated with the account also don't a
-
HT201412 magnetic cover doesn't work after ios 6.0.1 upgrade
magnetic cover does no longer put ipad to sleep or wakeup after latest update install, even though its on in settings.
-
My itunes can't see my iphone 4 after i make ubdat for iphone and itunes also ?
my itunes can't see my iphone 4 after i make ubdat for iphone and itunes also ?
-
When I'm using the Adobe Acrobat Reader plugin (10.1.8.24) in Firefox (25.0.1 in this case) I'm getting terriby ugly fonts from domcuments I'm invoking from sites. In MSIE 11.0.9600 the fonts look fine and anti-aliased. Not so in FF. Example (ugly ca
-
Standby Database not succeeded
Hi experts, I need your assistance. I am configuring physical stby database on the same host on oracle Release 11.1.0.6.0 win xp. But not not succeeded. These are the steps I followed Host name = sumanr Primary database = orcl Stby database = stby 1.