FB60 vendor invoice

Question

FB60 vendor invoice
Transaction : posting a vendor invoice and offsetting entry is a G/L expense account
When i enter equal amounts (invoice amount and g/l amount) i am getting an error saying balance not zero
But i varied the amount it is letting me post
ex 5300 as invoice amount and 5000 as g/l amount
Why is this so?
Points promised
Prashanth

Answer 1

Hi,
WHT has 2 types – a. Accrual basis  b. Payment Basis
Path: IMG – FA-Fin GS – WHT-Extended WHT
1.     Basic Settings
a.     Check WHT countries: Check ur country
b.     Calculation
i.     Withholding tax type – Define WHT type for invoice posting: Give ur country, tax type, Base Amt – Select Gross amount à Save
ii.     WHT Type – Define WHT for payment posting – Similar to 1bi
iii.     WHT Code  - Country, WHT type, Base Amoutn: 100%, Post Indicator: 1: Std posting, Calculate: WHT Rate: Give ur tax rate.  Similarly do for payment posting
c.     Define formula for calculating WHT-Give basic details and enter other details by double clicking ‘Formula for calculating WHT’.  Do for both Accrual and payment
d.     Company code – Assign WHT to cocode – Do for both payment and accrual
e.     Activate Extended WHT
2.     Posting: Accoutns for WHT – Define accouts for WHT – Give chart of acct – Select WHT code and Type.  Give the type and code of both accrual n opayment
3.     IMG-Logistics General – Tax on Goods movement – India – basic settings – Maintain Cocd settings – Give first month and save
4.     Attach the WHT to Vendor Master (FK02 – change; FKO1 –Create) – Select WHT; Tax type: Either payment/accrual; Select Liable and save
5.     Try posting entry thru F-43 and enter the WHT. Document àSimulate
The above is the configuration for Extended WT
Regards,
Sridevi
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