How to deduct TDS while making an Outgoing Payment
Company wants to deduct TDS while making an outgoing payments to Contractors / Jobworkers / Transporters.... can anyobody guide me
Edited by: Marc Riar on Feb 19, 2008 10:23 AM
Hi sanjay,
For deducting the with holding tax, First you have to define some withholding tax codes with the percentages of the amount.
For creating the with holding codes
go to
Administration>Setup>Financials>Tax>WithHolding Tax>
There a create tax code
Now Go to A/P Invoice. Select a vendor and change Itrem/service type to Service
Then give the details of g/l and make WTax Liable to yes. There you can set the with holding tax code that was created. Based on that you can see the Wtax amount in the footer of the form..
When you make the payment to particular vendor it automatically creates ledger entry for with holding tax also..
Regards,
Jagadeesh.V
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TDS While making outgoing payment
Hi,
How to deduct TDS while making outgoing payments?
Pls help in this regards
Thanks & Regards
Suresh Kannan
Edited by: Marc Riar on Jan 31, 2008 2:18 PM
Edited by: Marc Riar on Feb 15, 2008 9:36 AMHi Suresh,
Every organisation is liable to deduct TDS/withholding tax on certain type of services availed, either at the time of making the payment or at the time of accounting Invoice.
In SBO, we can automate the calculation and deduction of tds on both the occasions.
For this:- Applicable TDS rates should have been pre-configured and should be assigned to Business Partner Master Records.
You configure Withholding taxes in - administration/definition(Setup)/Financials/Tax/Withholding taxes.
You assign the WH Tax codes in BP Master in BP Master/Accounting/Tax Tab/check box subject to withholding taxes.
Assign points if useful.
Thanks,
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How to deduct tds on advance payment to vendors.
Hi Kishore,
You need to define the Extended Withholding Tax type based on payment. Assign WHT code to WHT type and complete the relevant configuration. Below link will help you to config WHT in SAP.
http://help.sap.com/saphelp_470/helpdata/en/e5/0781474acd11d182b90000e829fbfe/content.htm
Assign WHT type and code in vendor master data.
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Hello Experts
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Dixit PatelHi,
you can use udf in the outgoing payment to record the vendor's account balance and then using the query FMS ;
select balance from ocrd where cardcode = $[$4.0.0]
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Dear Friends,
The user has compeleted PO,Miro and accounting documents in which TDS was deducted.
But when time of payment using T.code F-53 , TDs is again displayed and deducting the amount, which should not be done.
In vendor master, Tax code is defined and liable check box is selected.
While making the payment, TDS should not be deducted.
Please suggest.
Regards
SridharDear Friends,
I went to vendor master recored and removed the liable check box ticket for withholding tax .
When I am trying to simulate f-53, I am getting this message.
7 items have not been activated due to inconsistent withholding tax info
Message no. F5787
Diagnosis
The open items display different withholding tax information from the relevant business partner master record. For example, the number of withholding tax types in the open item could differ from the number withholding tax types in the master record.
System Response
Items are not activated.
Procedure
Change the withholding tax data for the open item in question.
As per my knowlege, I have to go T.code SE38 and report execute program RFWT0010 to remove this message.
What are the consequnces that will happen or will it solve my probelm.
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HI SAP Gurus,
Could you please let me know the procedure that is followed in SAP for the below scenario
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Edited by: Gabriel Borde on Sep 21, 2010 8:02 AMHi,
You can create the below:-
(1) Setup the interest calculation indicator for customa arrear
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Making Account Outgoing Payments by Check means
Hello everyone, I'm trying to make an Outgoing Payment of type Account and by Check payment means.
This is my code:
SAPbobsCOM.Payments pago;
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pago.DocType = SAPbobsCOM.BoRcptTypes.rAccount;
pago.DocObjectCode = SAPbobsCOM.BoPaymentsObjectType.bopot_OutgoingPayments;
pago.CardCode = "";
pago.CardName = "***** KAREN GUDIEL *****";
pago.CashSum = 0;
pago.TransferAccount = "";
pago.TransferDate = System.DateTime.Now;
pago.TransferSum = 0;
/* Definir las otras propiedades */
pago.CheckAccount = "11100001";
pago.Checks.AccounttNum = "01-101-35219";
pago.Checks.BankCode = "FICOHSA";
pago.Checks.CheckSum = 1000;
pago.Checks.Add();
pago.Add();
oCompany.GetLastError(out errCode, out errStr);
I call the GetLastError after Add(), and the error string reads:
G/L account is not valid [VPM4.AcctCode] [line: 1]
I have retrieved a similar outgoing payment from a Database I'm working with, which has exactly the same properties except for the sum values. I still have no idea how to fix it, I've tried everything.
The database I'm working with does not use segmentation for Account Codes.
I have also read [this thread|Outgoing Payment (Check) via DI API SDK;, it helped me alot but now I'm stuck again.
I would appreciate any help, thanks in advance.
Edited by: James A. on Sep 5, 2011 6:12 PM
Edited by: James A. on Sep 5, 2011 6:13 PM
Edited by: James A. on Sep 5, 2011 6:16 PMHi James,
Refer This......
Link: [url] Outgoing Payment (Check) via DI API SDK
Thanks
Shafi -
How to insert Bank Charges when processing Outgoing Payment.
Dear Experts,
I will like to perform an Outgoing Payment to accounts, using payment means of Bank Transfer to pay for an AP Invoice that I have not received.
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Much Thanks for your Help in advance!
Warmest Regards,
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Check the thread
Bank Charges - Outgoing Payment
Re: Payment to Vendor against AP Invoice & Bank charges
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*Close the thread if issue solved.
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Edited by: Jambulingam P on Jul 7, 2009 12:06 PM -
How to type text while making a phone call
I was topping-up my pay-as-you-go account today and keying in my credit card info when O2 autobot asked me for my postcode. How on earth do you use the letters on the alphanumeric keypad???
if you are asking how you send letters over a phone call... that is not possible... you can only send 1,2,3,4,5,6,7,8,9,0,*,# perhaps they just want you to press the number key with the letter on it? if this is the issue then you should contact O2 and ask them how to enter letters when prompted for a post code using the IVR system.
my original post:
text entry changes depending on what function you are doing...
the letters on the keypad in the phone application are just there to help you dial numbers that are listed with letters instead of numbers... for example 800 BUY NOW3 or 866HOLIDAY
if you wish to send a text message press the home button at the bottom of the screen and select the "Messages" icon... if you don't see it slide left or right on the screen with one finger until you find the page it is on.
once your in messages you can create a new message and when you do so you will find the on screen keyboard changes to a alphabetic one to let you enter the messages. if you need other symbols and numbers on that keyboard press the "123" at the bottom.
check this link for a really handy online guide: http://www.apple.com/iphone/how-to/index.html#basics.introduction
be well -
Cash discount not accepted while posting in outgoing payments(F-53)
Hi,
Here i entered Invoice Rs.50,000 in FB60 through terms of 002, Againest this invoice i make a payment in F-53 on the same day so i get Rs.1500 as discount againest this invoice.
acctually entry like as below
Vendor account Dr 50,000
To bank a\c 48500
To Discount a\c 1500
but system this Rs.1500 shown as Not assigned amount and when save this entry wornign message is "The differecen amounts is to large"
Term 002= within 10 days 3%
within 30 days 2%
within 45day no discountHi,
Please check the Employee Tolerance Settings in OBA4. The field for Cash discount per line item has to be more than or equal to the discount that is defined in the payment terms.
Regards,
Kiron Kumar T. -
Hi,
I am not getting the reference of Purchase Order Number while making an outgoing Payment against an INVoice Document number . in case of Advance Payment - For payment document against Purchase order is fetching but incase of Invoice verification ( MIRO ) Against a PO . when i am processing outgoing payment i am not getting PO Number against invoice document . how to address this issue is there any config / User Exit is there to address this issue
with regards,
JPHello
Go in Edition option ( T code FB00) and input varient SB against the vendor in Line Layout variants for clearing transactions .
After saving the above run the t code F-53 PO number will appear
Please let us know in case any other clarifications or details are required
Regards
Anil chawla -
Deduction of TDS while clearing Advance payment through F-53
Hi Gurus,
I deducted TDS on Advance payment of 10000 and then deducted TDS on Invoice of 50000 with base amount as 40000.
Now, when i am clearing this invoice and advance payment through F-53 to pay the remaining balance, system is again deducting TDS on Advance payment.
Please tell me how can i solve this issue.
Thank Youhii
here the steps u need to follow is
1. while making the down payment TDS is deducted
u make down payment through f-48.
2. post invoice through FB60. here when u r going to the withholding tax tab u need to delete the payment tax codes. if u do not delete than the tax will be deducted during the payment..
3. now go to F-54 and transfer the advance payment to normal by clearing special G/L
here when u clear the down payment the TDS deducted at he time of down payment will also be reversed.
4. now finally go to F-53 and make the outstanding payment to your vendor ..
so in this steps there wont be duplication of TDS pain.. u will be paying only once that is at the time of invoice.
Hope u got ur answer
assign points..
sejal singh -
Hi All,
I have gone through many threads but not able to find proper solution for a general scenario which will be requirement of many customer.
Scenario:
Is very simple. I have make Payment to Vendor on Acount ( Advance Payment) on which i need to deduct TDS.
As per TDS Manual nothing is mentioned how to manage this scenario.
While defining TDS code in WT window there are 2 options ( Invoice / Payment). If the payment option is selected and Payment is made nothing happens
I am aware i have to make AP downpayment for this and then make outgoing payment which unnecessaryliy increase one step for user.
Just want to confirm is there any direct way to apply TDS while making pyament on account.
Response will be appreciated.Hi,
3.6 Payment on Account
Navigation: - Banking Outgoing Payment TDS on advance payment can be deducted through outgoing payment based on u201CPayment on Accountu201D selection.
Points to remember:-
Vendor (Subject to Withholding Tax) should be selected.
WTCode of u201CPu201D type should be chosen.
u201CPayment on Accountu201D check box should be checked.
These are the lines from TDS add on manual -2007B if you make above settings then while posting the on account payment when you enter the amount in amount field in the header automatically the withholding tax fields are enabled and when you chose the category the witholding tax will be calculated and posted when you add the document
Please check it,This scenario is addressed by the manual
thanks
Md.nazeer Shaikh -
How to interface Outgoing Payment F-53 using PI ? IDOC ?
Hi,
I have case to integrated all the outgoing payment from transaction F-53 (outgoing payment) to third party application through PI.
Please advise how can PI capture creation of the outgoing payment document ? is that through IDOC ? or others ? can be this scenario done automatically ?
Thank You and Best Regards
Fernand LesmanaHi All,
Can you Please explain further on this.
We can trigger IDOC for F110 app run by configuring the Program RFFOEDI1 with variant in F110 TCode.
But when we make Payment using F-53 how do we configure.
Can anyone who worked on this please explain Step Procedure to Generate Standard IDOC FIPARQ01 after making Payment using F-53/
Regards,
Punith -
Hi All
How can i do payment for vendor by using outgoing payment, I will be using check as my payment mean.
I need to print the check also( I need to enter manual check number) in the payment mean window.
Reason for this question is i reported a question with SAP
Detailed problem description:
Hi
Facing a problem while printing "Outgoing Payment", While making out
going payment we make manual cheque and print the same by using Cheque
for payment.In the first print out of Outgoing payment amount and cheque
number will print properly, if i take a second print out of the same
outgoing payment it will print a different Cheque Number
I will give an example
First Printout
Outgoing Payment No:33129
Amount: 9239.95
Cheque Number 602975
Second Printout
Outgoing Payment No:33129
Amount:9239.95
Cheque Number:590078.
Help me
Regards
RashidHi Rashid,
In Outgoing Payment Transaction when making payment through Cheque if you select as manul then then understands it as that you have handwritten the cheque, hence no need for print.
If you are taking the print out again then it will automatically allocate the cheque No Manually(serially) which is defined in" House Banks Accounts " setup screen in Administration-> Setup->Bank
So for you to have a proper cheque No display you define the Next Cheque No in House of Bank setup window. and also while taking the print out, you will get a screen once print of cheque has come stating if the print out is confirmed, not printed or damaged. fill in the correct data, like if you need to print the cheque again fill in as not printed then same cheque No will reflect again.
hope this information helps you out.
regards,
Shreyas
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