Vendor document With-holding tax
I encounter one issue, one of my vendor document, in line item1, additional details, it shows Disc. Base: 3200 THB, but if we go to
tax tab, it shows: tax at payment , witholding tax base: 3000 THB, why two Disc base is different?
What is GST?
Gross Sales Tax?
Where is the TDS entry?
If it is not TDS related, it seems the base amount is Net amount and it is calculating Net amount
Net amount = 3200
GST = 10%
GST Value = 3200*10/100 = 320
Vendor has been credited with 3520
As per my knowledge, TDS entry comes a below
31...Vendor.....4500 INR
40...Raw material.....5000 INR
50....TDS Amount......500 INR
Just confirm on the above queries
Thanks
Similar Messages
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With holding tax amount exceeds the cutomer/vendor line item amount 001
Hi Guru's,
I have an issue, is there any impact to change the withholding tax base amount 20% instead of 10%.When I change the base amount to 20% and post a document system return error message
"With holding tax amount exceeds the cutomer/vendor line item amount 001".Guide me on this issue.
And tell me the impact of previous open item documents.
Regards
Maruthi.Thanks for all,
MY problem solved.
Regards
Maruthi -
How to caculate with holding tax using vendor number
Dear All,
I need to calculate and simulate the with holding tax amount before the FI document post. input should be the vendor number fisical year and the company code and the with hoding tax base abount. plz help me to do this
regard
nawaHello,
For a record in BBSEG you can have multiple records in the data file which corresponds to Structure BWITH which allows more than one value for field WT_WITHCD. For ex:
BBKPF
Field1 Field2
a bb
x yy
BBSEG
Field1 Field2 Field3
a bb ccc
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a bb ccc WT_WITHCD2
a bb ccc WT_WITHCD3
x yy zzz WT_WITHCD7
x yy zzz WT_WITHCD8
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Hope this gives you some help to proceed further.
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With holding tax base amount for 1099 vendors with discounted payment term
Hi Friends,
We have a below situation for 1099 vendors,
Some of the 1099 vendors are set-up in the system with payment term with discounts i.e. 2% if paid within 10 days
As per config, system posts with holding tax base amount at the time of posting payment.
With holding tax rate is 0%,
Based on modified net amount calculation
and
Cash discount calculation before w/tax calculation
When we have vendor with input tax, system excludes tax amount at the time of payment but for the with holding tax base calculation amount system does not exclude input tax type.
Which causes difference in 1099 misc vendors
Below is the example of how system calculates the amount.
Invoice $ 1000, payment term 2% if paid within 10 days. Input tax 7.25%
Payment going out=
$1000- $ 72.5(tax 7.25%) = $ 927.5 18.55 [2% discount] = $ 908.95 (payment amount)
With holding base calculation =
$ 1000 100 (2% discount) = $ 900
Difference between payment going out and with holding tax base = 908.98 900 = 8.98
Can some one please tell me how to get rid off this difference?
Moreover, please tell me if its normal to have 1099 vendors with discounted payment term.
Any thoughts on above situation will be helpful
Edited by: Shefford William on Jan 28, 2008 11:36 PMDear All
i am also having the same problem. The example is
Net invoice Value = $ 100,000
Input Tax @ 15% = $ 15,000
Total Invoice Value = $ 115,000
Cash Discount = 20% with in 20 days
On payment the system behavior should be
Debit Vendor invoice Value = $ 115,000
Debit Cash Discount @ 20% = $ 20,000 ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,325 ( 3.5% of 95,000 the Inv Value - Cash Discount that is $ 115,000 - $20,000)
Credit Bank Account = $ 91,675 ( Inv value - Cash Dic - W/H tax that is $ 115,000 - 20,000 - 3325 = 91,675)
However at the time of payment system is calculating tax as follows
Debit Vendor invoice Value = $ 115,000
Debit Cash Discount @ 20% = $ 20,000 ( 20% of the Net Invoice Value that is 20% of $ 100,000)
Credit W/H Tax deduction @ 3.5% = $ 3,220 ( 3.5% of 92,000 the Inv Value - Cash Discount that is $ 115,000 - $23,000. This $ 23,000 is only calculated for W/H tax calculation that is 20% of $ 115,000 )
Credit Bank Account = $ 91,780 ( Inv value - Cash Dis - W/H tax that is $ 115,000 - 20,000 - 3220 = 91,780)
this is not the common practice when using the net base value in the system.
Can any one help me in this regard. I really have been stucked in this problem for many days
Regards
Bilal Athar -
Optional With holding tax for a vendor
Dear All,
I want to make the with holding tax optional during MIRO.
I have already assign the tax code in vendor master and so it automatically deduct withholding tax.
But my vendor is a supplier as well as a broker for me. So when i want to pay him Brokerage I want automatic tax deduction which is happening but when i want to pay him for the material which he supplied to me also the tax get automatically deducted.
Can any body help me on this?
Thanks & Regards,
RakeshHi Milind
Appreciate your prompt response, I am looking for information on what needs to be done for implementing with holding tax for Puerto Rico, May be I was wrong when I said I could not find any links on this subject either in SAP Help or else where. What I could not find was Information specific to Puerto Rico withholding tax. We normally have lots of information on WithHolding tax in SAP help and else where on the net.
I am looking for information specific to WithHolding tax for Puerto Rico.
Regards
KIM Khan -
Change with holding tax for vendor
Hi all,
I have a requirement of chnaging withholding tax for exisitng vendor. Is it possible to achive this using any function module or BAPI and ateast by BDC or LSMW ??
Best suggestions will be rewarded with points.
SivaprasadHi Sivaprsad,
You can change the with holding tax data by using BDC. because, it having table control, so it's easy to update code in BDC.
Hope, it will help you.
Thanks,
Poonam. -
Calculation of with holding tax
The requirement goes like this.
We have to first remove the with holding tax data from the vendor master.
And created 1 KR(amount : 1000) & 1 RE(amount : 2000) document type.Also we posted both the above invoice documents in one Z1 clearing document.
Then add the with holding tax information in vendor master.
Then we executed the report RFWT0020 for that vendor and the document number.Its updating WITH_ITEM table with only the KR total(1000) under WT_QSSHH field.Its not considering RE total.
I debugged the program RFWT0020 and found a function module FI_WT_GET_P_WITH_ITEM which performs the with holding tax calculation.When i checked the function module,its fetching from global memory.
Is there any user exit or BADI for this.We are using 4.7 version.
Please suggest how can i update the correct with holding tax amount in WITH_ITEM table.Hi,
i´ve used this badi for MM (incoming invoices):
MRM_WT_SPLIT_UPDATE
Best regards. -
Regarding With holding tax with CIN version
Hello SAP gurus
I've done all the configuration required for the extended withholding tax type-also have updated the tax type and code in the vendor master.
How to configure automatic surcharge & education cess., With holding tax certificate . What is business place in tds.How to create remittance challan for tds.what is clearing of invoice against down payment.How to create Annual returns of tds.
While making tds entry with miro, systeam taking dummy profit center.
So what does configuration required for above error.
I will assign full points
Regards
DivyaHi,
If i am not wrong, the system is reverseing the deduction it has made at the time of adv payment.
Its not deducting again.
Consolidate all the three documents -
- Adv pay
- Inv
- Payment
and you would appreciate the beauty of the concept.
Cheers
Raghu -
With holding Tax Remitence challan - CIN Version
Hai!
this is regarding the creation of remittance challan for with holding tax. some documents are not being picked in the challan remittance( j1inchln). Cheeked with the table with_item for those documents it is clear that no challan has been generated.
When checked with the bsik table the document does not contains any value.
Section code is updated in the doucments. Vendor Masters are also ok regarding the with holding tax.
Can you please tell me the possible ways to solve this.
Thanks!
RajeshHi!
Thanks! Mr.LaxmiNarayana, I checked up with the FSG of Tax accounts and document contains section codes.
Can you please tell what is Bsik Table is for?
thanks
Rajesh -
Hi,
While doing MIRO the with-holding tax tab is not getting updated. but when I view the accounting document the TDS is getting posted to the correct G/L and the amount is correct. I have maintained in Vendor master the with-holding tax.
Please suggest where to configure this.
Regrds,
RaziqDear MAURIZIO BIANCOTTI,
What you meant to say is while doing MIRO, in with-holding tax tab both with-hold type and code will be updated other fields will not be updated.
for Example...
1. If invoice amount is 10000 and if I want to tax for only 5000 then i can manually enter the base amount in the field and the system will calculate the percentage from the based amount only is it.
2. if the invoice amount is 10000 and if i want to tax for the whole amount then the system will only enter the with-hold type and code, the base amount will not be take by the system but when posting the document the system calculates based on the invoice.
i am right or wrong.. please reply
regards,
Raziq. -
With Holding Tax provided in IDOC FIDCC2 is not getting updated in Acc Doc
Hi All,
I am Posting a Accounting document in R/3 though Idoc FIDCCP02.
This idoc has With holding Tax info segment as E1FIXWT. i gave all the info in this segment, like Tax code, Tax type , Withholding tax base amount (local currency) , Withholding tax base amount in document currency, Withholding tax amount (in local currencyand Withholding tax amount in document currency
However, when the Idoc gets posted,and the accounting document gets generated the With holding tab does not get populated in SAP.
Please let me know your inputs, that why the woth holding tab is not getting populated with the relevant info from Idoc.
Thanks in advanceHi,
I have the same issue. But as the idoc is generated in a SAP system of the same release I would have expected that the withholding tax data is already complete. Also are no withholding tax info populated in IT_ACCTX. There only VAT is visible. I suppose IT_ACCWT was meant.
Anyone any idea?
Regards
Stefanie -
India -With Holding Tax - Changes As per the Budget Approval
Dear All
Many of you are aware, there will not be any surcharge, education & higher education cess for with holding tax in Indai from 01.10.2009.
Our client is operating seperate tax codes for Basic Duty, Surcharge and Education Cess. We have change the configuration and maintained 0% in the formula for calculating with holding tax for surcharge and education cessand we have maintained with the validity from 01.10.2009
(ie., The above solution we thought because, we wish to maintain the same tax code and with out modifying the vendor master)
Now, the system is working fine for all the scenarios, except the transfer of the old advances from special gl indicator to normal line item through T.Code (F-54). Under this T-code, the system is reversing only basic duty at old rates with out surcharge and cess.
Kindly suggest the solution to reverse the surcharge and cess while doing F-54 with the posting dates as 01.10.2009 onwards
Regards
AnilkumarPlease go through the SAP note 1359268 for budget changes
also see the 1369775,1371380,1372734 for your exact requirement -
Hi,
If i select With holding tab when entering Down payment request,Down payment and invoice for vendor, i am getting error message as Withholding Tax information missing from line item
Could you advise me where i made wrong cogfiguration for with holding tax.
Your immediate response will be highly appreciated.
With regards,
V.KHi
Check Feild status group of G067 in OB14 and make sure that these are optional and also the Feild status group of WHT GL accounts you have assigned.
There is always a possibility that these are in suppressed state.
Award points if useful.
sarma -
WITH HOLDING TAX ON DOWN PAYMENT
HI
I am using TCode F-47 for down payment request to be paid to vendor. In Vendor Master Record with holding tax information is activated. But at the time of processing payment against down payment request using TCode F-58 With holding tax not deducted and full down payment requested amount getting debited to vendor.
Pl suggest me
Message was edited by:
Chandrakant.K AcharyaHi Chandrakanth
u check once WHT settings at WHT type for Payment posting.here you remove inherit base option. for Cess claculating on TDS.
you check once define WHT codes for cess. here you calculate for 1% cess 0.022 % on TDS base amount or invoice amount. ex: inv: 100 , TDS 2.2 %. Cess 1% on 2.2% means 0.0220. like that you calculate.
Then you update cess tax codes in FK02,here u select liability option.
Then you can use f-47. here system showing popup with Base amount,TDS & cess codes.then you save it.
now you check with f-58. other wise you want temporly solution. go to FB02 change doc. there you can modify WHT amounts then save it.
ok all the best
Raj -
With Holding tax On Down Payment not picking
Dear All,
I have configured with holding tax on Payment posting, assigned to vendor,company code it is working fine for invoice positng and vendor payment.
When I am trying to post down payment f-48 the with holding tax codes selection screen is not pop-up or it calculates with holding tax.
Why the with holding tax selection tax is not displaying.
B.S.RaoHi,
1. Please check withholding tax type is assigned to the company code, IMG: Withholding tax>Extended withholding Tax>Company Code>Assigned Withholding Tax Types to Company Code.
Note: also check the here the proper dates u201Cw/tax obligated frmu201D and u201COblig.to w/tax untilu201D e.g. 01.01.1900 and 31.12.9999.
2. Go to OBWW also check the GL is assigned or not.
3. Also check the field status of recon. account & alternative recon account assigned for special GL for down payment, fields e.g withholding tax code and withholding tax amounts etc. should not be suppressed.
Thanks
Javed
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