TDS Quaterly return for Foreign Payments
Hi,
For Withholding tax quarterly returns we use t.code j1inqefile, but this does not generate quarterly returns for W.Tax u/s 195.
Please advise which t.code can be used for section 195.
Thanks and regards,
Achal rajpal
Hi Rakesh,
The liability towards TDS is the amount you have deducted in INR.You have to calcuate TDS based on INR_value and pay as such.
Here you have deducted Rs.2693 and have paid Rs.2356.40.The balance[ Excess deducted ] being 336.60[2693-2356.40] should be paid to the IT dept.
Pass the following entries and close the account as under::
1st entry: Dr::TDS clearing>336.60:::Cr:IT payable>336.60.[ The clearing acct.is now balanced]
The next entry > Dr::IT payable>336.60:::Cr--->. Bank:336.60 [upon actual payment]
This resolves the problem in full.
Regards,
Ramesh.
Similar Messages
-
Errors for foreign payments in the APP run
HI all
we have created new house bank for foreign payments for foreign vendors. The bank has been created for domestic payments and for foreign payment for the company code.
The domestic payment works fine and the international does not work. It can create payments and IDOCS in SAP but once it is received and it is marked as a DOmestic payment instead of a International payment.
we have tried to go through house bank config and I cannot find what we are missed out in the config.
Can some one help me to find out what we have missed out in the config?
Thnaks in advance
Best Regards
VenuHi Venugopal,
Please paste the log message here to find out what may be wrong with this issue..What is the error message.
As a wild guess, Please check your settings in FBZP>Payment Methods in Company code> Check the section Foreign Payments/Foreign Currency payments, whether all are allowed or not for your Payment method of Foreign payment.
Regards,
SAPFICO -
DME for Foreign payments in Italy
Hello All SAP Gurus!!!
I am using program RFFOIT_FOR for configuring DME for Foreign payments in Taly.
But I am getting errors.
I need to update the UIC code in the DME file.
Please help.Hi
Thx for your prompt reply
I have already applied the note.
Now I want to populate the table
I need the list which contains countries and their UIC codes -
TDS E Return for ECC 6.0
Hi All Gurus,
Here i'm using ECC 6.0 and while generating the TDS e-return through J1inqefile my TDS i.e. withholding tax amount comes out to be the total of TDS + S/c+ecess
and Surcharge comes separately as well. Apart from it under ecess there is no value........
Can u please tell me how to get the value of cess also covered under the head cess moreover the withholding tax amount should also be only the TDS part not the total of it.
For your information, i have defined 3 different condition for all sections for TDS, S/c and Ecess like C1, C2 and C3 and similarly for others.Hi,
Good morning and greetings,
Please go through the following link
http://help.sap.com/saphelp_erp2005vp/helpdata/en/8b/6370cf06de436eb7c1fb0795ebcbe2/frameset.htm
Please reward points if found useful
Thanking you
With kindest regards
Ramesh Padmanabhan -
Incorrect SIA code in DME file for Foreign payments in Italy
Hello All
I am trying to create a DME file payments in Italy.
The DME FIle is being created by program RFFOIT_FOR.
I am Getting an incorrect SIA code.
Can anyone tell me from wehere can I update this code
Thanks a LOt!!!Hi
Thx for your prompt reply
I have already applied the note.
Now I want to populate the table
I need the list which contains countries and their UIC codes -
Payment program for foreign vendors
Hi Experts,
Can some body shed light on this..
Can we run the payment program for foreign vendors in their currency.. if soo what r the settings needed.Pls send in this mail iD ([email protected])
thanks in advance,
R.ManigandanHi,
Yes we can run the payment program for foreign vendors in their currency.
In FBZP double click on Pment Methods in Country
Select your country and double click on Currencies allowed
You can specify the foreign currency here. SAVE and Back
Double click on Pment Methods in Company Code
Double click on the company code
and Tick all the three check boxes for foreign payments and foreign currency payments. SAVE
This is the required config apart from the general configuration.
Hope it helps
Regards
Jyostna -
All,
When entering an invoice using transaction MIRO, we are getting the error "check whether data is required for foreign payments". Any idea what is causing this message? If we enter a CBI (central bank indicator) the invoice will post but this was not needed for 4.5. The vendor, plant are in the same country (Spain).
This works in 4.5 and the CBI is not required.
Ideas?
Regards,
SandraHi Sandra
Can you please check whether the OSS note 519945 is relevant for you.
assign points, if useful
S Jayaram -
DMEE - Foreign Payments - Denmark - bulked debit
Hello together,
Currently I am facing a problem with foreign payment with the DMEE tree: DK_PAYMUL_DOMESTIC
I copied it and use the fromat tree also for Foreign payments.
The problem which occurs right now is, that the output file is not correct.
The bank does not accept bulked debit in foreign payments.
As we want to pay 3 invoices for one vendor we need to have three different LIN and SEQ segments.
Right now it is bulk debited and handled like:
LIN+1
SEQ++1
SEQ++2
SEQ++3
But the bank requires an output file which has for each payment a seperate LIN and SEQ segment:
LIN+1
SEQ++1
LIN+2
SEQ++1
LIN+1
SEQ++1
I alread tried different sortings in the header but none referrs to the required structure.
I thought about pay each invoice seperatly (in IMG and vendor). Thus we can devide it by the sorting via XBLNR or the DOC1R. But as I do the payment run, the file is now incompleted.
Has anyone already faced such a problem?
Thanks in advance.
KR
- Matthias -
Returns for cash desk(check) payments
Hi All,
I posted a check payment( Feb10th 2011) through cash desk FPCJ against a receivable $47 , cash desk is closed and then trying to post returns lot for the check payment on Feb 15th 2011, the returns item is automatically going to clarification account and even in clarification not able to clarify the item through FPCRL error message : Trying to return the payment posted through cash desk.
What I was expecting is when I try to post the returns lot for the payment document using options Type of posting '2' and selecting the option enhanced returns processing, a new receivable will be created for the amount 47 but thats not happening.
\any help is greatly appreciated.
I read the notes : 644870, 1459852, 1311357.
Thanks,
VRHi Vikarm,
Can you tell me the solution what you did to solve this issue and what u modified for this.
Thanks in advance,
Cherry. -
How to issue currency notes in payment program for Foreign Exchange
HI
I have an issue in Foreign exchange transaction using SPOT transaction. Below is the process flow
1. Record the spot transaction
2. Settle transaction
3. Tranfer the documents to FI
In ( 3) the posting create posting in the customer for whom the forex is to be issued.
My QUESTION :
I have to pay the customer in CURRENCY NOTES and NOT by CHECK in foreign currency. The automatic payment program has payment methods viz check, wire transfer. How do I issue CURRENCY NOTES or TRAVELLERS CHECK .
Thanks for a immediate reply.
kamalaHi,
I am not sure this is a right solution. But I have some inputs on your requirements:
1. For traveller cheques you may create a new payment method and do the required configuration for automatic payment program. Don't generate any payment medium while running APP.
2. For currency notes (cash payment) I am not sure how it works. But probably it is possible by creating an account (account ID) for a particular house bank and use that (house bank & account id) for making payment.
Per my knowledge we have never used payment method cash (currency notes) in APP. But logically it would work by create a new payment method and doing the required config for APP.
Please update if you found a better way to do this.
thanks & regards,
Kumar -
Hi All,
while doing invoice on foreign vendors system deducts tds on Fractions it is effect to my TDS filing in NSDL. how to roundoff TDS on Foreign payments.We check that every thing is ok, but we are facing the problem at the of foreign invoices only.
-
Auto payment returned for non sufficient funds
Help! I had an issue with my checking account this past week causing my Verizon payment to be returned for non-sufficient funds. By Friday I had the issue was cleared up with the bank and they reversed all the non sufficient charges due to this problem being an error on their part. I don't know what happened to my verizon payment now since it was one of the payments returned for insufficient funds? It is showing on the verizon web site as paid. My checking account is not showing it as withdrawn from my account a second time. I've never been late or had an issue like this. I don't know what to do. Will my auto payment be resubmitted? Will my service be suspended? Right now it appears that everything is paid, but I know from my bank account that the October payment has not been withdrawn and I've already received my next months bill and it the regular bill. Any advice? Thanks!
Hello camh104!
I, too, know that sinking feeling when you get notification of a bank error- and many thoughts start coming to mind, especially about your other bills that are en-route. So I completely understand how you feel in this situation.
A thank you goes out to Leiko27 for the information provided. I would like to add some information if I may.
I, too, would recommend checking your balance by dialing #BAL., or 1-800-922-0204, option 1. If the balance due is different than the amount of your bill, chances are good that the payment got reversed and the amount was added back to your balance.
Now, when a check is returned for Non-Sufficient funds, a $25.00 fee is billed to your account. However, since your posting mentioned that the issue was a bank error, we can waive any charges for a returned check if documentation is faxed on the bank's letter head confirming the bank error. Just so you have it, the fax number, if needed, is 1-847-706-7276. If you do need to fax the information, please do not forget to include your name and mobile number.
I would also recommend that if you do find that the balances are different and the check was returned, that you give our Financial Services Department a call directly. Their number is 1-866-266-1445. Their hours of operation are:
M-F: 8:00 a.m. - 8:00 p.m. ET
Sat: 8:00 a.m. - 6:00 p.m. ET
Sun: Closed
In these situations, we are always willing to work with you and make sure all is well with your account. In the meantime, please get documentation from your bank stating that it is their error, so we can credit any fees if they are charged.
I hope this information is helpful. Enjoy your day! -
Over Payments for foreign currency
Hi
We placed a message, that over payments and underpayments does not work for foreign currency business partners. See SAP Note 1068260.
The SAP Support gave us the feedback, that we can not place a "Missing Funktionality Request" in that case.
What should we do that our customers can use the SAP Business One properly?Hi,
When the revaluation program is run (normally during month end), the foreign currency transactions will get revaluated and the loss/gain gets posted to the B/S adjustment account.
If the program, in the above step, was run with the "Reverse posting" indicator marked, the documents created in the above step would be reversed automatically on the 1st day of the next month. Thus the adjustment account gets set off.
If the "Reverse posting" indicator was NOT set, then during the invoice payment, the adjustment entry (from the first step) gets reversed. In the payment document you can find an additional entry that sets off the B/S adjustment account.
Hope this helps.
Regards,
Mike -
Wrong TDS percentage is showing in TDS Certificate for partial payment
The TDS percentage is not showing correctly in the TDS certificate for partly bill payment. While adjusting the advance payment with partly bill TDS amount is adjusted with the payment correctly but while calculating the percentage system is not calculating the advance part of the TDS and printing the wrong percentage in the TDS certificate. For example
The Total Bill amount is 10000/-
Advance payment amount is 1000/-
Assume TDS percentage is 10%
Partial payment amount is 2000/-
Description Base Amount TDS Percentage
Total Bill 10,000 1000 10%
Advance 1,000 100 10%
1st part Payment 2,000 190 9% (Wrong)
Rs. 10 is adjusted with the TDS advance. So the TDS percentage should be 10%.
In TDS cerficate the TDS percentage is printing wrongly. ERP Version we have 4.6C and CIN veriosn 40A.Hi
check OSS Note No 1286144 my be it's helpful to you.
satish -
My Apple account was hacked,they've changed everything in my account,but I have a visa,I used this visa for my payment.would I return my acc ?
Contact Support in your country, as long as they can confirm your id and that it's your account then they should be able to get you access to it : Contact Apple for help with Apple ID account security
If your country isn't on that page then try this form to contact Support : https://www.apple.com/emea/support/itunes/contact.html
Maybe you are looking for
-
How do I get my Airport Extreme to stop recycling? I'm using OSX 10.7.4 and Airport Utility 6.1.
-
How to configure BI content analyzer and browser in BI 7.0. Is there any step-by-step guide on configuring the Analyzer and Browser? I tried using help.sap.com documentation, but not getting any data into DSO. Please let me know if I am missing anyth
-
Clean downconversion from DVC-Pro HD to NTSC for Broadcast
We just shot some PSAs for the local DirecTV channel with the HVX200. We edited the footage in Final Cut and everything looked good. Then we downconverted the footage in Final Cut to NTSC and outputted it to DVCam. When we played it back on a TV moni
-
Avod full table scan help...
HI , I have sql with some filter and all the have index. the table size is huge index is there in explain plan though index it's going for full table scan it's not recognizing index. i used index hint/*+ INDEX (SYM.SYM_DEPL,SYM.SYDB_DE_N18) */ though
-
hello, I am creating swatches, filling the colors with live paint and other techniques. When I want to crop and create the actual swatch by using the outline stroke, I lose some of my paint infills and am not sure why this is happening... If I can ge