Lower deduction or nill deduction on TDS
Hi All,
how to maintain settings for lower deduction and nill deduction of TDS lines in FVU file.
i checked in OSS i find one SAP note Note "1572155 - e-TDS/TCS statement file format changes; (FVU) version 3.1"
but not yet any further note not available, if any one know please reverse back.
regards
Sree
Hi Shayam,
thanks for reply, but how these values should update in FVU file. is there any configuration require or directly assignment inj vendor master.
regards
Sree
Similar Messages
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Lower deduction of TDS for Vendors
Dear Experts,
My client requirement is,when the vendor gets an exemption certificate from income tax authority for a certain percentage for a particular Threshold limit after that the system has to calculate the normal TDS rate.
I have gone through the different thread but could not find the proper solution.
Please guide how to configure the system to calculate TDS for a lower percentage upto the threshold limit...after that normal TDS should apply.
Regards,
Venkat.Hi,
You can maintain exemption % in vendor master but there is no feature to define the limit and deduct tax as per the limit.
You can meet this requirement by defining formula in the path IMG - FA - FA Global settings - WHT - Extended WHT - Calculation - WHT codes - Define formulas for calculating WHT.
Here you can define the reduced tax rates and exempted amount to be deducted for the tax type & code combination.
Regards,
Jyoti -
J1INQEFILE (FLAG for reason for Non-deduction/ lower deduction)
This refers to the E-TDS return challan format. As per the new format we have to show additional column showing FLAG for reason for Non-deduction/ lower deduction.
Is there any patch / solution / SNOTE from SAP?
It is related to J1INQEFILE.
Transaction where tax not been deducted as amount paid/credited to the vendor/party has not exceeded the threshold limit (as per the provisions of income tax act). Applicable for sections 193,194, 194A, 194B, 194BB, 194C, 194D, 194EE, 194G, 194H, 194I, 194J, 194LAHi ,
Refer to OSS note no. 1442113 - Legal Change October 2010 - ETDS / TCS file format change.
It has the symptoms as well as the solutions for the issue .
Cheers ,
Dewang -
Non Deduction of TDS in Case of Open Credit Line Items in GR/IR account
Dear Experts,
I would like to request you to please give ur suggestion/advise in the below issue:-
In our earlier legacy system(oracle) we used make provision entry based upon the activity done & certified by respective non finance dept by(against which vendor invoices are not received before month closing):-
On the last day of the month:-
Handling Exp Dr
Ware House Exp Dr
Other many Exp Dr
Current Liab & Prov A/c Cr
As per IT dept we have to deduct TDS at the time of crediting the vendor or any other suspense a/c and deposit it by next month by 7th day . To avoid non deduction of TDS against such provisional expenses we used to reverse the same entry on the 1st of next month:-
Current Liab & Prov A/c Dr
Handling Exp Cr
Ware House Exp Cr
Other Exp Cr
Now in SAP we r not doing manual entries like above:-
The entries are huge and so many Exp get debited & GR/IR A/c get credited. Thus there is a very much possibility that the IT person or IT Auditor treat it(GR/IR) as suspense a/c and can give comments on his report about non deduction/deposition of TDS.
In SAP there is an option to transfer all these credit open items into an clearing a/c and reverse it in the 1st of next month. But that time entry will be a sunder:-
On the last date of the month
GR/IR Account Dr
C/L Prov Clearing A/c Cr (It will be created)
On the first date of the month
C/L Prov Clearing A/c Dr
GR/IR Account Cr
But again C/L Prov Clearing A/c can be interpreted as a supense A/c.
We need entries like under:-
On the last date of the month let all credit open item of GR/IR as it is.
On the first date of the next month all Credit Line items document to be reversed and again reposting of same on the same day.
I,e all Exp to be credited
All GR/IR to be debited
(Revarsal of all open GR/IR credit line items) on 1st of next month
On same day again the original entries which are reversed to be created
All Exp to be deited
All GR/Ir to be credited.
Whether above is possible, if not then how other companies in India are handling the issue.
Regards,
AlokDear ,
Try t-code J1INPR and J1INUT for the same as per below explanations.
Regards,
Kalpik -
Double deduction of TDS on T.code F110
Hi,
I am facing problem about double deduction of TDS on payment details are-
1. TDS got deducted at the time of advance payment by T.code F110.
Example- Advance--- Rs.1000 and TDS(2%) - Rs.20
2. TDS got deducted at the time of making invoice
Example- Invoice-Rs. 10000 and TDS(2%)-Rs.200
3. Advance and TDS got adjusted.
4. Payment got done for that invoice by T.code F110.
TDS deducted again Rs.200
Here problem arised about TDS which got deducted again while making payment by F110 which is not correct
Please help me out to resolve this problem.......
Thanks.Dear Gurav,
As you said i have to run f-54 again to adjust TDS which is got deducted twice after running f110 for invoice payment. But if no down payment exist against that vendor how f-54 cab be run again to adjust TDS system will give error message no down payment exists for this vendor. So what can be next further...?
Thanks, -
Hello Experts
I have one scenario to be created for dedcution of TDS.
if the amount is below 50000/- TDS to be deducted at 5% rate and if it is above 50000/- TDS to be deducted at 10% rate.
can anyone explain me how to make this scenario.
Regards
Kumar RajaHi
Now In Withholding Tax Code i have maintained like this
withholding tax type :dd
withholding tax code : dd
off. w/tax key : 194c
under base amount --percentage subject to tax : 100%
under calculation
selected the check box w.tax form
In formulas for calculating withholding tax
To Base Amount : 70,000 whld tax : 0.5%
To Base Amount : 9,999,999,999 whld tax : 10%
Tried to pay 1,00,000 and now system is calculating tds as (0.5% on 70,000 = 350) + (10% on 1,00,000 = 10,000) which is 10,350
Actually if Amount is less than or equal to 70,000 it have calculate 0.5% and if it is greater than 70,000 it have to calculate 10%.
Let me know help me how to proceed.
Regards
Kumar Raja -
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 -
How to do payment for vendor bill booked wrongly deducted with TDS ?
Dear all,
How to cheque payment for a vendor in which tds is wrongly deducted(tds won't be deduted for the bill) for closed period ?
How to solve this issue ?
JeyakanthanHi Jeyakanthan....
Normally when the invoice is wrong the we reverse the invoice by raising Credit memo and all effects along with TDS gets reversed.
So you can do the same.....
Regards,
Rahul -
TDS is being deducted at the time of Vendor Down Payment, Invoice Posting and also at the time of Making the Payment through f-53 which should not deduct.
Can anyone help where I am going wrong.
Regards
RavindraDear Mukesh
Thanks for your guidance and immediate reply. Now the problem is solved. I need a small clarification. When the TDS is deducted at the time of Advance it is getting credited to TDS payable Account. And while posting the Invoice the TDS is getting deducted on the total Invoice Value. Is there any chance of Adjusting the TDS amount deducted at the time of Down Payment While posting the Invoice so that the net TDS should be deducted and posts to the TDS Payable Account.
Regards
Ravindra -
While deducting customers TDS , system giving error.
Dear Friends,
1)We have made AR invoice .Its customer is TDS applicable.
2)While adding AR Invoice ,we have not added withholding tax.
3)Incomming payment of that invoice- for this entered TDS cut amount.
But when we add it. system does not post TDS JE(that is additional) as well as gives error "
Transaction without amount"
SAP B1 2007 PL12 ,TDS4.9
BR,
Mahesh.Hi Mahes,
I have also faced the same issue in Incoming Payment. Even in there latest patch (5.3) also this is not corrected. I have rasied a message to Citixsys. will update you after i get reply from them. -
TDS amount deduct on payment to vendor
Dear Expert,
i have done extended withholding tax configuration but i have faced problem when i use T.Code F-48 of vendor outgoing payment
TDS amount does not deduct payment but document is generated. requirement of customer TDS Amount deduct on payment.
Thanks & Regards.
ShaileshDear Expert
i have check it but every thing is fine when use t.code f-48 amount should not be deduct but when i use T.code F110 TDS amount automatically deducted . question is that why should not deduct on TDS in t.Code F-48.
Thanks
Shailesh. -
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 Not deducted at the time of Vendor out going payment (F-53)
Dear All,
First we did prepayment through F-47, iam tryin to clearing the vendor payment amount through F-53 , at this TDS amount not deducted for that payment. can any one solve this issue as soon as possible....
Thanks & Regards
Vijay KumarHello vijay,
TDS should be deducted at time time of Advance Payment or Invoice Booking only, not in F-53( Payment against invoice).
if Payment is made in Advance you must have deducted tds amount. f-53 is normally using for payment against invoicing.
and invoicing is already done with deduction of tds.
Regards
Vishal Sonawane -
hello experts,
I got a ticket that user pass the following entry through F-04.
31 Particular Vendor
40 Secondary Frieght
User first select F-04 -> transfer posting with clearing -> choose open item -> enter gl Secondary frieght a/c -> Enter Document no. -> Process open item -> simulate -> 31 Vendor .
User raise an issue that TDS is not getting deducted at this time for any vendor.
I am confused whether posting with clearing through F-04 will deduct the TDS when vendor invoice will be created.
When i post the same document through F-43. TDS is getting deducted.
Can any one provide solution. ???
ThanksHi,
F-04 transaction code is for posting an account document with clearing and this transaction code is for General ledger accounting. you can not create a vendor Invoice with changing posting key 31 with respect to vendor and posting key 40 to any Expense account. or changing the document type for vendor invoice in the screen itself
That is why in case of Creating an entry as per your requirement system is not picking up the TDS attached in vendor master.
With Regards,
Sudipto -
Enable to make payment of invoices against which TDS is deducted
Hi All,
We have posted 3 vendor invoices & deducted the TDS against each invoice as follows -
Inv. Amt TDS
7516 158
5050 107
5051 106
Now when I am trying to take out the payment of Rs. 17617/-against the above invoices through F-53 in open item process again the TDS amt 371/- is getting deducted against the payment of Rs. 17617/-
Please suggest how do i take out the payment of Rs. 17617/- only without deducting 371/- of TDS?
Thanks
SonalRecollect the screen that pop ups when you make down payment or Make an invoice. At the time of down payment you will be given the tax codes that were applicable at the time of making payment transaction.
when it comes to Invoice, the system pop up both the Payment related/Invoice related tax codes that are applicable to the vendor.
So when you are processing invoice you need to make sure that the payment related codes are deleted or entered manually a zero value agianst those codes. This will prevent the calculation of tax again at the time of making the payment.
In your case you need to reverse the invoice and do it again or clear line items manually after passing a TDS JV.
Hope you understood.
Reward points if useful.
sarma
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