How to configure extended withholding tax to get correct 1099MISC

hi sap guru's
How to configure extended withholding tax to get correct 1099MISC
  any body help me configuration  and generating 1099misc form.
raju
[email protected]

Hi,
Pls. check your email. I just sent documents on configuration and reporting for 1099MISC.
Hope this helps.
Regards,
Chirag

Similar Messages

  • How to configure extended withholding taxes for Bangladesh?

    Dear Experts,
    We are trying to configure extended withholding taxes for Bangladesh as per our client's requirement. However, there is no separate configuration steps in IMG Customizing for Bangladesh.
    Also, we seek to print a withholding tax certificate for Bangladesh.
    Hope to receive some expert advice in this regard.
    Best Regards,
    Akshay Nerurkar

    Hi
    I did for Phillipines which in first week of May 2014 and it did copies the setting of EWT it just I had to activate the functional . Yeah I did some more configure and apply some OSS note as well to work it properly ,
    Please read  63805 - FAQ: Country-specific Customizing settings 
      602901 - Support of country specific functions
    which states all country fo which SAP delivers the Settings
    many Thanks

  • Extended Withholding Tax Configuration for USA

    Hi Friends,
    Any one of you upgraded from Classic to Extended Withholding Tax for USA?
    Could you give me a head start or if possible send me configuration docs. We are currently in ECC 6.0.
    Also how do you configure withholding tax for Foreign Vendors (like Canada or UK)?
    Appreciate it!
    Ravi.

    Hello Ajay/Surendra,
    Could you please forward me the Configuration steps to configure extended withholding tax for country code: USA/ Canada to my email: [email protected]
    Thank You
    Joana

  • Extended Withholding Tax in Country DE, Company Code 1000 in ECC 5 IDES

    hi all
    can we configure extended withholding tax for the company code 1000 in ECC5 IDES. even after making the whole configuration, while maintaining vendor master code an error message is coming.
    message: Entry DE  15 does not exist in T059Z - check your entry
    Message no. 00058
    15 is Tax Code
    i am getting some values in the customisation help hit like "Financial Accounting Basic Settings (New)" but it is not available in the IMG MENU. is it not availbale in IDES.
    it is very urgent and i am stuck up. pls provide some inputs
    regards,
    ashok

    Please, check in the IMG that you have correctly defined the table
    T059Z:
    Financial Accounting -> Financial Accounting Global Settings ->
        Withholding Tax -> Extended Withholding Tax -> Calculation ->
        Withholding Tax Codes -> Define withholding tax codes
    Please, also check the customizing of the vendor's Account Group
    and set the field Tax category as optional:
    Trans. OBD3 -> Select account group -> Company Code Data ->
        W/holding tax data, w/h tax 2 -> Withholding tax category
    Regards
    Siva

  • Extended Withholding tax in VIM

    Hi ,
    We are EHP 6 and we are implementing Open Tax for our new company code Philippines . 
    We have activated EXTENDED WITHHOLDING TAX " functionality in SAP and want to use same in Open text .
    We are using VIM 6 .
    Can you please help us on this?
    how to activate extended Withholding tax in VIM 6 for EHP6 .
    many Thanks
    Regards

    Dear Preeti,
    I had similar issue in VIM7 but then discovered that the fields in VIM are displayed as soon as the vendor is subjected to withholding tax. Withholding tax will show up in Tax tab.
    Let me know if it works.
    Best regards,
    Alessandro

  • Configuration of Extended Withholding Tax

    Dear Friends,
    Please send me the document of configuration of Extended withholding tax for India.
    Please treat this as urgent.
    Thanks & Regards,
    Reva.

    Hai,
    Kindly go through this link ...
    http://help.sap.com/saphelp_erp2005vp/helpdata/en/1e/f4a18e11d811d4b5af006094b9ec21/frameset.htm
    In this link.... under taxes... u will get the required info.
    Raghav

  • How to Have Two Withholding Tax Code  in One invoice

    Hello,
    We are using Extended Withholding Tax, and we have defined 9 Withholding Tax type specials, this because is the same withholding type, but we different %, also we have defined more than one Withholding Tax Code, for each one. This kind of Withholding Tax in Venezuela it is called ISAE, and for one invoice I could have more than one ISAE Withholding Tax, in this with have configurated diferents withholdings tax types, but it is a issue because, the system generate one Certificate Numbering for Withholding Tax, but for us this needs to be the same,and only generates one Certificate Number and make the sum of the two amounts. Because is the same Withholding Tax, we need to report only one.
    E.g. I post an invoice 1000999, with two Withholding Tax type, 23 -with tax code 01 and 24 with tax code 02, when i Generate the report I get:
    Vendor Certificate Number Wh. t.t. Wtx Amount in RC wt amount
    10000 00000000001 23 01 90000 2000
    10000 00000000002 24 02 90000 1500
    We need:
    Vendor Certificate Number Wh. t.t. Wtx Amount in RC wt amount
    10000 00000000001 23 01 90000 3500
    We tried to defined only one Withholding Tax type with all the Withholding Tax Code, but the system doesn't allow to post in the vendor master data, more that one Withholding Tax type, we tried to leave it blank, but when we do the FB60, we can´t select multiple Tax Code.
    How we can post a document with more  tham one tax code? or what we have to do to solve the problem?
    I appreciate all the help you can provide me.

    Hello Mauri
    Thanks for your answer, but in this moment we have the configuration exactly like you suggest, but in the moment of we generate the certification number we get two or more numbers, and we only need that the systme generates only one. It is correct that the sistem generates two or more because in one invoice we need and we use two or more wt type ISAE, but for Legal Reasons we need that the system generates only one certificated number, because is the same wt type.  You know if we can do any validation? or we must do anything else to get only one certificated number? we never know or is not a rule to use a specific combination of Wt Type.
    tks Fati

  • Extended Withholding tax issue

    Hi Everyone,
    I am facing a problem with my extended withholding tax.. I have done all the configuration and an entry gets created in table WITH_ITEM but this entry is for $0 
    I go to MIRO Transaction to create my invoice but the base amount is always blank, after that or at same time I can manually enter the base, or the amount but system is not calculating mnually someone could help me or have any idea on this?
    Thank you and regards

    Hi
    Check your with holding tax type configuration what is the basis for calculation of base amount under the below path:
    IMG ‡ Financial Accounting ‡ Financial Accounting Global Settings‡ Withholding Tax‡ Extended Withholding Tax ‡ Calculation‡ Withholding Tax Type ‡ Define Withholding Tax Type for Invoice Posting
    Depending on this set up, system determines the base amount on which the with holding tax must be calculated. Under the control tab, you may want to remove the manual with holding tax base amount and make sure that one of the radio buttons in Calculation> Base Amount is maintained depending on how you want to calculate the with holding tax
    regards
    Sanil Bhandari

  • Extended withholding tax - US  Error 7Q 301 updating withholding tax

    Cannot get the system to allow me to change the withholding tax information on the accounting documents.  Extended withholding tax has been configured. The fields in the line items have been opened to allow changes to the withholding tax data, both for K and S.  The venodor has been updated for the withholding tax type and code. Program RFWT0010 does not update any records.  The funny thing is it works in the sandbox but not the regular testing dev client.  I have compared config and it is the same in both places.   Any ideas?
    Thank you.

    Hi,
    Please refer to note 363650, you will see the following information;
    C) Change Rules for classical and extended withholding tax If the withholding tax base amount should be changed after a
          docment has been paid already, the following steps are required:
    For Classical Withholding Tax and only if the withholding tax amount is zero.
    Change of withholding tax base amount or withholding tax code of a cleared invoice.
    If the withholding tax base amount and/or the withholding tax code needs to be changed after an invoice has been cleared please follow steps;
    As you see from the above information the following quotation "only if the withholding tax amount is zero".  Is this the case in your scenario?
    If a withholding tax amount other than zero has been posted, you cannot change the values via transaction FB02.
    Please also review the IMG documentation for transaction OB32 via spro -> Financial accounting -> Financial accounting global settings -> Document -> Line item -> Document change rules, line item. here you will see the following information;
    Document Change Rules, Line Item
    In this activity, you determine under which circumstances fields within posted documents can be changed.
    Note
    For a number of fields, the system itself determines that they can no longer be changed after posting. This includes all fields which are central to the principles of orderly accounting, for example, the amount posted and the account.
    The system also prevents the update objects from being changed in documents which have already been posted, independent of the document change rules
    Thus as you can see from the above description if an amount has been posted to the account you cannot change the fields despite entering in the field in OB32 as changable.
    Please also be aware that the important table concerning extended withholding tax is WITH_ITEM.  This is where the data found through the button  'Withholding tax Information' in FB03 is held.
    (For example in the 'Withholding tax data button' If you click on the help of the field Withholding Code and select the button 'Technical information' you will see that the field name is WT_WITHCD) The fields concerned with same
      WITH_ITEM-WT_QSSHB
      WITH_ITEM-WT_WITHCD
    should be customized in the document change rules (transaction OB32) You will also have to ensure that the posting keys in the document are set to optional (transaction ob41)
    Regards
    Ravinagh Boni

  • Extended withholding tax deduction from customer credit

    hi all
    configured the extended withholding tax for deducting tds from customer credit line items.
    deduction is required only after the amount accumulation 2500/- (this is also configured)
    1.is the recipient type and country is not required for the customer tds..? (it is not visible in the customer master, but is in vendor master)
    2.in the amount accumulation for 2500/- consider the following scenario.
       >>first bill amount 2450/- (no tax deduction)
       >>second bill for Rs.100/- from which i need to deduct tax for 2550/-, since Rs.100 is not enough to deduct 10% tax from tax base 2550.00 it is throwing error.
    pls help
    with best regards,
    sallu c.mathew

    Hi Ajeesh,
    As already mentionned in standardf help from sap, you use J1INCUST which is a report to record the with. tax certificates sent to you by your clients. In doing so, the system clears the wi. tax to a G/L account that records how much tax your customers have withheld on your behalf, known as the customer tax creditable account. You can offset this tax against your income tax payable at year-end.
    And you run the report immediately you receive a certificate from a customer.
    Then system creates an accounting document to transfer the withholding tax from the G/L account for the withholding tax deducted by your customers to the customer tax creditable account.
    Best regards,
    Tarek

  • Extended Withholding tax changeover

    Hi, I  want to activate extended withholding tax for a company that has not used classic withholding tax. The changeover process only deals with moving from classic to extended. How do i move from nothing to extended ??
    transaction WTMG - Company code selection - the system delets company codes for which classic withholding tax has not been used......... so how do I convert the existing data

    Hi Dipak,
    All invoices posted prior to activating EWT do not get paid - details when displaying the line item within F110 say at the bottom in the Note section "Item cannot be paid due to inconsistent withholding tax information". I tried entering an exemption number on the master record with a date range up to the date of activation, but that makes no difference to the error in F110. If I go into the open items and update them for withholding tax, the items then get paid via F110.
    This leads me to believe that all old open items need to be converted.
    Regards,
    James

  • Extended Withholding Tax - 1099 listings

    Hi Folks,
    We are not able to get the output data for S_ALR_87012143 (1099 Listings) when extended withholding tax is configured.
    This transaction works fine for classic withholding tax.
    We also have no problem with 1099-MISC for EWT.
    Is there any program to be run or an OSS note to be implemented inorder to get the output for 1099 listings for EWT.
    Thanks in Advance,
    Venkat

    What was the t code that you found? We're having a similar problem.

  • Extended Withholding Tax & MIRO - total balance

    I have the following situation:
    Extended withholding tax is active in company code and the withholding tax type is defined for invoice posting. Everything seems to work correctly except for the following detail: if the invoice has additional charges which are only subject to normal tax rate (VAT) or no tax; then during incoming invoice with MIRO the system cannot balance the accounts; always the difference is the w/t amount even though I have typed the base amount in the corresponding tab. For example, if I receive an invoice for services (no GR) with the following items (the W/T rate is 4% and VAT 16%):
    Amount subject to W/T and VAT:  4,600
    Other charges (no tax): 194
    VAT amount: 736
    W/T amount (calculated): 184
    Net invoice amount: 5,346
    If I type 5346 in the amount field and 4600 in the base amount for w/t then the balance is not correct (difference of 184), unless I type 5530 in the amount field (the others values are calculated correctly).
    Am I doing something wrong or missing configuration?
    Thanks in advance
    JAL

    Hi,
    The amount payable to vendor is 5346 (ie Gross bill of 5530 (less) withholding tax 184). In the header data, let the amount be maintained as 5530. In the withholding tax tab, change the withholding tax base amount to 4600 and the withholding tax amount as 184. This withholding tax amount gets reduced from the vendor bill of 5530.
    On simulation, you can see the screen as per your requirement.
    Regards
    Hari

  • Different fiscal year for extended withholding tax

    Hi All SAP Gurus,
    I have configured the extended withholding tax as per the Indian requirement.But I am unable to meet the following to requirement as per client's need.Can anybody help me out please?
    1) My client is following Calander year ( Jan to Dec.) for Global ledger and it is assinged to Company code Global setting.For Local reporting in India, we are using Non-leading ledger L1 and fiscal year V3 ( April to march) is assignd to it.Now the problem comes when we perform the TDS process.
    a) We assigned the number range etc. for Internal challan number and TDS certificate.When we run J1INCHLN and J1INCERT, system is picking the number as per the calalnder year and not as per the April to march fiscal yearThis creates problem for the priod of next year (say jan to march 2010).Can anybody worked on such a senario. Please help me out.
    b) Second requirement is client wants lower rate deduction of TDS. I really don,t know much but I wonder that how we can set lower rate deducation in SAP as it is linked to the total Invoice amount and from and to period. I could not find anything in the vendor master where we can assign period as well as total turnover amount for lower dedcution.
    Please helpme out.
    Thnaks in advance.

    Hi, Ekta
    For lower deduction of Tax you will have to do the following Config:
    1.In SPRO Extended WTD --> Basic Settings --> Define Reasons for Exemption:
    Reason for exemption
    Indicator used to classify different types of exemption from liability
    to a particular withholding tax.
    Enter Text field such as Concessional Rate of Vendor Name
    2.Extended WTD --> Calculation --> India --> Settings for Annual Returns --> Assign Exemption Reasons to Withholding Tax Codes:
    Mantain Country, WTH Tax Type, WTH Tax, Exemption reason creatd above.
    3. In the vendor Master enter the following details:
    Exemtion Number - Certificate no. recd.from Income Tax dept.specifying reduced rate of TDS
    Exemption % : 25
    Exemption Reason: One created by you.
    Exemption From Date:
    Exe,ption To Date:
    This should resolve part of your issue.
    Thank You.

  • Separate withholding tax account in non-extended withholding tax country?

    We have one withholding tax GL account defined for our operating CoA, except for India (which has extended withholding tax configured). I now have a request from Italy to assign their withholding taxes to a different GL account, for ONE tax code and ONE vendor. Is this possible to set up, and if so, how?
    Thank you!

    Dear all,
    You should create Your WT type and WT code to the IT country and then to link the WT type to the specific G/L account for Italy (that You created by FS02) by transaction OBWW. then You have to link WT type and code to Your vendor master data by FK02.
    Remember also to define the WT type at Company code level with a validity period.
    Please test.
    I hope this helps You.
    Thanks.
    Mauri

Maybe you are looking for