Interest received against investments, its TDS deduction
Hi All,
Interest received against investments, its TDS deduction
How we can create and maintain this proess in SAP.
Please help me I am new in this process.
Thanks & Regards,
Juhi
Edited by: juhis022 on Dec 13, 2011 8:30 AM
The Process is,
For all Service Vendors and Customers, we deduct the TDS.
Here, you need to understand that the TDS is deducted at SD or FI module.
I hope you are aware of TDS process, but as per the SPRO settings you need to configure.
Then assign the Tax codes in Customer master
F-22 or FB70 - Customer Invoice, here you can able to see the TDS amount in Withholding tax tab.
Let me know if you still need any help
Thanks
Similar Messages
-
Advance payment - TDS deducted but cheque printed for full amount
Hello SAPians,
Advance payment to vendor - TDS is applicable - SAP entry shows about TDS Deduction but the cheque printed for full amount.
Cheque needs to be printed after TDS deduction.
Please suggest.
JKHi in REGUH and REGUP tables there is no tds amount if you want to deduct the tds amount then while printing the cheque give the logic as in regup document you need to pass into WITH_ITEM table and if the document is matched then get the value against WT_QBSHH field and deduct this valu into your invoice amount.
i have done this job in current client it will work properly.
Let me know if you need further claification -
Tds deduction showing wrong in tds register
Hi all,
I am not able to understand for below mentioned scenario , please guide me.
on 10.12.2011 advance payment to vendor happened through t code f-48 Rs. 50000.That time tds was deducted 1% Rs.500. Now invoice booking happened on 20.02.2012 rs. 50000 and tds again deducted rs.500. Now after clearing advance payment of vendor through f-54 i have cleared the vendor through f-44. Now when i checked the tds register s_p00_07000134, it is showing tds deducted on invoice booking. But book should maintain tds , at the time of payment or invoice booking ,which ever is earlier. So in this case tds get deducted on payment first. But report showing, tds get deducted at the time of invoice booking.
My query is why the tds report does not showing tds deduction on payment instead of invoice booking. Is there any mistake from my side? Please help me to understand the same.
Regards
DebjitHi Sir,
How the DP TDS works is
DP - 50000 INR TDS is 5000 INR
Invoice - 50000 INR TDS is 5000 INR
F-54 - Dwn payment clearing with Invoice = Here again system calculates the TDS on 50000 that is 5000 INR
Now see the total payment.
1. F-48 : DP Level 5000
2. FB60 : Invoice Level 5000
3. F-54 : Clearing Level 5000
Line item 2 & 3 will get netted off and become ZERO. So, you would be paying only TDS 5000 to Govt.
I am totally agreed with your opinion. that means line item 1 should get reflect in tds report. But here in tds report showing tds get deducted against line item2. According to above process we have created the scenario. But the same thing is showing in tds report. I am using tds report s_p00_07000134.
Please help me.
Regards
Deb -
Dear All,
I have made adv. Payment to vendor and deduct TDS .
Now entered Invoice for same vendor (ag. same PO) and also deduct TDS.
So TDS deducted twice. Clearing Process also has been done .
Now i want to reverse TDS entry from Invoice . How to do it.
I cannot use FB08 , FBRA etc as clearing has been done.
Pl suggest me how to reverse TDS entry so that it should come ias reverse effect n Vendor TDS Challan also
Regards
Swati ShahHi Swati,
You have made adv. Payment to vendor and deducted TDS .
The accounting Entry passed through F-48 will be:-
Vendor Sp. G/L Dr. 25,000.00
To Bank A/c 24,500.00-
To TDS 500.00-
Then you entered Invoice for same vendor (ag. same PO) and also deduct TDS.
The accounting Entry passed through FB60/MIROwill be:-
Expense A/c Dr. 30,000.00
To Vendor A/c 29,400.00-
To TDS Pay on Cont Co 600.00-
So TDS is deducted twice. Clearing Process will be done through F-54 against the Invoice Number:-
Entry Passed will be as follows:-
Vendor A/c Dr. 24,500.00
TDS Dr. 500.00
To Vendor Sp/ G/L 25,000.00-
Note:- This is a mandatory transaction to do in such scenarios, else the TDS will not be reversed.
Also the invoice number has to be entered, only then the system will be able to track against
which invoice the downpayment and TDS has been deducted
Hope that things are pretty much clear to you now.
Cheers!!!!!!!
Dhruva -
Reversal of goods received against Scheduling agreement
Hi Gurus,
Please advice, is it possible to reverse goods received against a Scheuling agreement? We have created SA with LP type and have done GR in MIGO with movt type 101. When i tried to create Credit memo it is not allowing me to do. Please advice what i need to do.
Thanks in Advance,
SaakithyanHi,
Check your Config settings for reversal if you have already done IV
Spro>MM>Inv Mgmt>Goods Receipt>For GR based IV reversal of GR despite IV
If its allowed you can use MIGO cancelllation and use old GR number for reversal
If its not allowed use Option Subsequent Credit option in MIRO
Thanks
Diwakar -
Hi, I have just set up my domain email address with google and Im trying to set up mail on my mac. Its receiving mail but its not letting me send emails from that address. I have tried quite a few solution but cant figure it out. Can anyone help
Hi Lawrence1981,
Thanks for visiting Apple Support Communities.
You may want to check this article for additional troubleshooting steps:
OS X Mail: Troubleshooting sending and receiving email messages
http://support.apple.com/kb/ts3276
Cheers,
Jeremy -
TDS Deduction in Manual A/R Credit Memo
Hi Experts,
I am facing one problem regarding TDS deduction in A/R Credit Memo for a Customer.But this Credit Memo is not based on any A/R Invoice since this is to be posted for Commission .
SAP does not allow TDS deduction at A/R Credit Memo Document which is not based on any Base Document .
How to overcome this problem . Is there any workaround possible?
Thanks in advance.
Regards,
Pooja Singh.Hi Pooja......
Yes you are right.
AR Credit memo if standalone it wont deduct TDS.
As a work around you can craete the customer as vendor and can raise AP Invoice where you can deduct TDS and then you may reconcile the document under multiple BPs in Internal recon.
I'm not sure but this may happen.
Please try what I suggested in Demo DB first......
But Logically it should work......
Regards,
Rahul -
No Planning file entry when materials received against production order
Hi,
Planning file entry is not getting created when I receive material from a Purchase order where account assignment category is 'F' - Order. In other words, the material is received against a Production Order.
We run MRP automatically through MD01 and it will not run for the material as there are no planning file entries.
MRP List MD06 shows the purchase requisition and the production order even though the production order requirement has been met.
Please help me out with this issue. I really appreciate the help the community members have given me earlier regarding my questions related with the planning file.
Sincerely,
KetanHi Dhaval,
1st Scenario
When I receive material through a Purchase order and receive it into stock, then MRP is able to run because planning file entries are created when I receive the material and clear out the MRP list as the requirements have been met.
2nd Scenario
When I receive material through a Purchase order and directly against a Production order (Direct Procurement) , then MRP is not able to run as planning file entries have not been created even if the requirements have been met.
How can I prevent the 2nd scenario in future where production order and purchase requisition exist in the MRP List but since the material has been received against a production order therefore MRP will not run and clear out the MRP List?
Sincerely,
Ketan -
Tables for vendor invoice no, date, amount, tds, deduction
Hi experts, i m new to implementation. i m now doing report for vendor payment voucher.
as per per the payment voucher no and date, in item data i want the tables stores the vendor invoice no, date, po no after MIGO & MIRO, bill amount, tds, deduction (debit note, advance etc).
regards
thanks in advance.hi,
LFA1
LFAS
LFAT.
These tables is not useful for now for Report of Vendor payment voucher.
In header data, i want pament voucher no, date, vendor no, name(i got in table-field REGUP-VBLNR, regup-bldat, regup-lifnr & lfa1-name1) .
now i want in item data vendor invoice no, date, GR no, date, invoice amount, tds amt, deduction amt (separately like advance amt, debit note etc).
till now i found invoice no, inv amt (table-field BSIK-BELNR, BSIK-DMBTR).
Now i need GR no, GR date, tds amt, deduction details amt.
Plz send with table-field names, and how to relate with above.
regards,
debendra -
Report on EWT - Report on tds deducted till issue of tds certificate
We have implemented ewt recently. we want to have report which will give the tds deducted on advance, invoice , tds challan updation, tds payment, tds certificate issued etc.
Do we have any T code which will give the tds details vendor wise for the above said requirement.
Prashant P. ZingeHello,
Do J1INMIS t.code, You would get available details pertaining to TDS.
J1INMIS.
Regards,
Jaymin R. Bhatt -
Down payment document reversal with TDS deduction.
Hi Experts,
One vendor down payment has been done through F-48 and TDS was also deducted. The TDS deducted has been paid to the government. TDS line item is cleared. now the vendor returned the cheque. I want to reverse this down payment document but since TDS has been remitted it is not allowing to reverse. please suggest.
Sonali.Question not answered, but closing it so that I can post other questions.
-
TDS DEDUCTING TWICE AT THE TIME OF ADVANCE POSTING AND AT THE TIME OF INVOg
HI ALL
I HAVE AN ISSUE TDS DEDUCTING TWICE AT THE TIME OF ADVANCE POSTING AND AT THE TIME OF INVOICE POSTING
AT THE TIME OF ADVANCE POSTING F-48
ENTRY IS
VENDOR DR 30000
BANK CR 2900
TDS CR 300
AT THE TIME OF INVOICE POSTING-FB60
THE ENTRY IS
EXPENSE DR 30000
VENDOR CR 29700
TDS CR 300
SO TDS HAS BEEN DEDUCTED TWO TIMES
AT THE TIME OF DOWN PAYMENT CLEARING u2013F-54
THE INVOICE ENTRY SHOULD BE REVERSED AS
VENDOR DR 29700
TDS DR 300
VENDOR SPL CR 30000
BUT IT IS NOT REVERSING WHILE CLEARING DOWN PAYMENT AT F-54
FOR THIS I MADE THE CONFIGURATION FOR DOWN PAYMENT IN WITH HOLDING TAX TYPE FOR PAYMENT.HERE I ACTIVATED u201CCENTRAL INVOICE PROu201D
THOUGH IT IS NOT REVERSING THE ENTRY OF INVOICE POSTING AT THE TIME OF DOWN PAYMENT CLEARING AT F-54.
SO WHAT COULD BE THE PROBLE . IF YOU KNOW PLEASE TELL ME THE SOLUTION
I WILL BE GREATE THANKS TO YOU
REGARDS
RAMHi All
I Have an issue with TDS.
At the time of down payment clearing th invoice amount is not reversing..what are the settings I need to check
Actually
At the time of Advance Posting the entry is----
VENDOR DR 30000
BANK CR 2900
TDS CR 300
At the time of Invoice Posting theentry is -
EXPENSE DR 30000
VENDOR CR 29700
TDS CR 300
At the time of Down Payment Clearing in t code F-54 the invoice entry should be reversed as -
VENDOR DR 29700
TDS DR 300
VENDOR SPL CR 30000
But system not reversing while clearing down payment in t code F-54 and the system posting entry is as----
VENDOR DR 30000
VENDOR SPL 30000
So what is the mistaken has been done by me .If you any idea please let me know. I will be thankful to you.
Thanks&Regards
Ram -
hi,
In Vendor case Tds deducted at time of Miro, Now at time of payment by t-code f-53 if i select that invoice again it is TDS deducting .In That case two time Tds deduct. How can make payment with tagging invoice but tds deducted at single time.
In vendor master mark TDS type at both side at time of invoice & at time of payment because some time advance payment doneHi Raj,
I'll explain this issue with example.
Let us assume we have three WT Types and three WT Codes for Payment posting.
WT Name WT Type Tax Code
1. Basic 1S C4
2. Sur Chg 2S C5
3. EdnCes 3S C6
Similarly we have 3 WT Types and 3 WT Codes for Invoice Posting
WT Name WT Type Tax Code
1. Basic S1 C1
2. Sur Chg S2 C2
3. EdnCes S3 C3
In your Vendor Master, give all the WT Tax Types (6 types) and WT codes (6 Codes)
WT Type WT Code Liable
S1 C1
S2 C2
S3 C3
1S C4
2S C5
3S C6
In liable column, put tick mark for WT code for Invoice posting (C1,C2 and C3) and remove tick marks for WT code for Payment Posting (C4, C5 and C6).
Now at the time of posting an Invoice, system calculates tax.
At the time of making payments (whether it an ordinary payment or Advance payment), system will not calculate tax.
Hope this helps.
Regards,
Kannusamy S -
TDS deducted details are not printing in J1INQEFILE
Dear All,
For all the vendors TDS deducted details are not printing in J1INQEFILE. I would like to get the resolution by any of your valuable inputs.
Thanks,
SaravanaHi ,
Kindly check this Note 1003736 - J1INQEFILE:Tax rate not appearing in the output.
Hope it helps
SJ -
TDS deducted by us on expenses ( V urgent)
< MODERATOR: Message locked. Please read the [Rules of Engagement|https://www.sdn.sap.com/irj/sdn/wiki?path=/display/home/rulesofEngagement] before posting next time. >
Hi
Plz tell me how the TDS deducted by us will be accounted for at the time of invoicing , at the time of payment , how the challan details will be recorded and return would be filed .
Is it in the same way as in case of vendors ?
Thanks in advanceHi,
At the time of invoice, payment yds will be deducted and it will be accounted for the account which you will be configured in configuration.
Here you can either deduct TDS at invoice or payment or both. You can set the option for manual intervention . If on any transaction TDS is deducted at payment and invoice excess deducted will be cleared at clearing open items.
For return you have to go for standar procedure given like creating bank challan, updating it FBZ5 & CREATING A RETURN.
Warm Regards
Maybe you are looking for
-
This error happens when I plug in my iPad and my iPod. The computer is authorised and I never have used a different apple ID. Tried renetering apple ID says computer is authorised. It all worked before and now won't sync. I tried to add an audiobook
-
Error saying "this ID has been authorised too many times" , how to resolve ASAP?
Error saying "this ID has been authorised too many times" , how to resolve ASAP?
-
Dear Friends, I am working on a scenario to create a report like this : Customer Document date doctype refecendoc no clrdocno <KYF DEB_CRE_LC> <KYF Balance>. Now the issue is..I want ot have date selection on Deb_cre_lc keyfigure and customer als
-
My settings are Ok but I am not receiving my incoming mail
How do I recover the ability to see my incoming mail
-
XMLSocket works while testing in CS3, not in a browser?
I am sure that I am missing something simple but I am doing an overhaul of a flash chat application that I wrote a few years back. I have everything humming along in Actionscript 3 and it works well when I test the .swf in Flash CS3 Pro but when I p