Withholding tax calculation with formula base problem
Dear all,
I maintained some formula depend on client requirement. for example:
up to 200,000.00 no withholding tax
2 lax to500,000.00 <1.00 %> tax
5 lax to 1,500,000.00 <2.50%> tax 1.00 % Reduce on 500,000.00 base amount
15 lax to 2,500,000.00 < 3.50 % > tax 2.50 % Reduce on 1,500,000.00 base amount
25 lax to 3,000,000.00 < 4.00 % > tax 3.50 % Reduce on 2,500,000.00 base amount
30 lax to 99,999,999,999.00 <5.00 %> tax 4.00 % Reduce on 3,000,000.00 base amount
Like this i maintained slabs in formulas for calculating withholding tax. depend on this formula up to 2 lax their is no tax. after crossing 2 lax up to 5 lax 1% tax
in this case tax will calculate based on total vendor invoices. But hear it is calculated on present invoice based only. for example i posted 2 invoices with amount 2 lax. it means i reached 1st slab up to 2 lax no Tax. system also calculated like that only. but when i try to post another invoice with amount 3 lax system is calculated 1% tax on 3 lax amount only. but already i posted 2 lax invoice in vendor account. system not considered this amount.
*but actually in this case i want to calculate 3+2= 5 lax * 1% tax . but hear my system is not consider previous invoices .*
Please do need full help.....
Regards,
Krishna Valeti
Edited by: chaituvaleti on Sep 9, 2011 8:51 AM
Edited by: chaituvaleti on Sep 9, 2011 8:54 AM
Edited by: chaituvaleti on Sep 9, 2011 9:02 AM
Can you please share the information to us, it will be a great information to us , thanks in advance.........
Similar Messages
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Witholding tax calculation with complex formula
Hi Team,
Is there any solution for the below requirement in calculating withholding tax.
System should consider the below formula while calculating Withholding tax for vendor.
If the Invoice (INV) amount is Less than 800 = Tax is 0
801 to 4000 = (INV amount - 800) * 20%
4001 to 20000 = (80% of INV amount) * 20%
20001 to 50000 = (80% of INV amount) * 30%
more than 50001 = (80% of INV amount) * 40%
as per my understanding we can use withholding tax forms. but I am not able to get the above scenario. Can anybody trough the exact step to build the above formula for calculating withholding tax code.
Thanks,
RaviHi,
You create a new WHT Type and Code for this scenario, where in for WHT code defenition, you must select indicator WHT Formula.
Now you can maintain formula for the above created type and code combination with the conditions of your requirement.
IMG -- Financial Accounting (New) -- Financial Accounting Global Settings (New) -- Withholding Tax -- Extended Withholding Tax -- Calculation -- Minimum and Maximum Amounts -- Define Min/Max Amounts for Withholding Tax Codes......Here Maintain the minimum base amount as 800...for the newly created type and code combination.
IMG -- Financial Accounting (New) -- Financial Accounting Global Settings (New) -- Withholding Tax -- Extended Withholding Tax -- Calculation -- Withholding Tax Code -- Define Formulas for Calculating Withholding Tax...............Here you maintain the below entries.
CrcyWHT TypeWHT CodeCountryValid From Date
Then select this new entry and double click on Formulas for withholding tax calculation.
There maintain your conditions.
Regards,
Srinu -
F-04 Withholding tax calculation
Dear All,
In Tcode F-04 (Transfer Posting with clearing) i am using Posting key "31" for Vendor Credit AMount.
Here, I am not able to calculate automatic withholding tax amount
Withholding tax data is already maintained in the vendor's master data.
Withholding tax calculation is possible with other Tcode like FB60...
but With F-04 it's not calculating.
How to calulate withholding tax amount.
It it something configuration problem .
Pl suggest me some solution.
Regards
SwatiFor E.g
My Client wants the system to calculate Withholding Tax on purchase of Air Ticket from his Agent
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Hope you got my requirement
Edited by: MAZ on Sep 27, 2010 3:18 PM
Edited by: MAZ on Sep 27, 2010 3:56 PM -
Withholding tax calculated including transactional tax.
Hi
can any one send me the documentation for Withholding tax calculated including transactional tax.
thanks
[email protected]
Edited by: Prashant on Apr 28, 2008 8:04 PMHi
By default the system will calculate Withholding Tax for whole amount, if we want to change the value of Tax we have to manually change the Withholding Tax Base amount in the Withholding Tax tab of the Document Entry Screen and Change the Base amount to the amount for which the Withholding Tax has to be deducted then the system will calculate the Withholding Tax for the Base Value entered by us.
Regards
P Rajan -
Withholding tax calculation @ Customer payment
Hi
Experts, can any one help me on this issue??. I want to calculate and post withholding tax for a customer at the time of incoming payment(F-28). I have already activated extended withholding tax, defined tax type, tax code, & assigned in the customer master data. But system not calculating the tax nor its displaying tax code in the payment screen, & throwing a message when I double click on the relevant tax column ie " withholding tax information missing from line item" I f someone could throw a light on this, it would be a great help,
Thanks in advance
Hariharan.Kindly check
1. Define witholding tax type for invoice posting
IMG > Financial Account Global settings > Withholding tax > Extended Withholding Tax > Calculation > Withholding Tax type > <b>Define Withholding Tax Type for Invoice posting</b>
2. Define witholding tax type for payment posting
IMG > Financial Account Global settings > Withholding tax > Extended Withholding Tax > Calculation > Withholding Tax type > <b>Define Withholding Tax Type for Payment Posting</b>
and also check OBWW (Define account for w/h tax)
rgds. -
Withholding Tax Calculation Error for Vendor Down Payment Clearing:Oct '09
Hi,
We are trying to incorporate the new Withholding Tax Structure w.e.f. 01-Oct-09.
There were 3 scenarios possible:
a. Invoice = Down Payment
b. Invoice < Down Payment
c. Invoice > Down Payment
While 1 & 2 were taken care of effectively, the third scenario did not work as expected. The scenario is as follows:
1. Down Payment (Date : 30/09/09)
Amt : Rs. 40000/-;
Withholding Tax @ 15% : Rs. 6000/- (40000 * 15%)
Surcharge @ 10% : Rs. 600/- (6000 * 10%)
Edu Cess @ 2% : Rs. 132 (Rs. 6600*2%)
Higher Edu Cess @ 1% : Rs. 66 (Rs. 6600*2%)
2. Invoice (Date : 02/09/09) - As per new TDS Rates
Amt : Rs. 50000/-
Withholding Tax @ 10% : Rs. 5000/- (50000 * 10%)
Surcharge : NIL
Edu Cess : NIL
Higher Edu Cess : NIL
3. DPC (Date : 02/09/09) - Reversal of TDS calculated in Down Payment (Step 1) above.
Issue:
While making J1INCHLN, amount is adjusted as Rs. -1000/- (hence zero) not payable.
Also, the Surcharge, Edu Cess & Higher Edu Cess are also getting reversed in DPC.
As suggested by SAP Note No. 1372734 - Handling of downpayment clearing scenarios after budget '09, the scenario does not seem to work.
Actual payable should be worked out as under:
Invoice : Rs. 50,000/-
DP : Rs. 40,000/-
Bal : Rs. 10,000/-
TDS @ 10% : Rs. 1,000/-
All TDS Challans, Certificates & Returns must reflect Rs. 1000/- in the Challan.
Require assistance.
Regards,
Kapil TilwaniHi Kapil,
The following needs to be taken care of -
The message controls settings as the note suggests must be set as W.
When entering the details the logic is Vendor Debit amount is Tax amount + 1
The Vendor credit line, the tax code has to be assigned with the advance amount (amount for which the challan has been created) as the tax base amount and the tax amount will be the extra liability that needs to be created.
In your example -
The tax amount will be - 2000 ( the debit at the time of downpayment clearing should have been 4000 instead of 6000)
Tax base amount - 40000 (Challan for this amount has already been made at the time of downpayment made)
The vendor Debit - 2001 (2000 + 1)
The vendor credit - 1
Note - Tax amount and base amount has to be made manually in the withholding Tax tab for the credit entry.
Please revert for any clarification.
Thanks and Regards,
Anit -
R12.1.3 AP Module Rounding Difference during Withholding Tax Calculation
Problem Summary:
Figures does not “round” While we make a payment for multiple withholding tax invoices in one go.
For eg
We pay Withholding Tax to a Tax Authority in one go @payment time.
In this scenario there are 3 invoices which needs to be paid through 1 payment.
When we make a payment for these 3 invoices the amount becomes 6515.52. This is a wrong figure. The figure should be rounded to 6516.
Invoice No Invoice Amount
INV1 5312
INV2 253.4
INV3 950.12
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Expected behavior:
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We want system to generate a payment of 6516.
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Oracle says we have to customize AP_CUSTOM_WITHHOLDING_PKG....... in that package following SPECIAL ROUNDING SCRIPT NEEDS TO BE UPDATED.....
In order to get the following results; for instance;
eg----IF FIGURE for INV 1 IS ------ 100.51 MAKE IT 101
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eg IF Figure FOR INV 3 is --------100.49 MAKE IT 100
Hence i found the following AP_SPECIAL_ROUNDING script................but needed to update to get the above results........pls help on how to update following AP_SPECIAL_ROUNDING script...........
procedure Ap_Special_Rounding (P_Checkrun_Name IN varchar2)
is
--l_org_id NUMBER(15); -- BUG 7232736
BEGIN
-- BUG 7232736 : added select ot get the Org_id using checkrun_id (p_checkrun_name)
-- select org_id into l_org_id
-- from ap_checks_all
-- where checkrun_id = P_Checkrun_Name;
-- IMPORTANT: This section is reserved for Globalization features.
-- Please do not modify code here.
-- BUG 7232736 replaced sys_context with g_zz_shared_pkg.get_product/reverted to Orginal code.
IF sys_context('JG','JGZZ_PRODUCT_CODE') is not null THEN
-- IF jg_zz_shared_pkg.get_product(l_org_id, NULL) is not null THEN
JG_WITHHOLDING_TAX_PKG.AWT_Rounding(
P_Checkrun_Name
END IF;
-- Please enter all custom code below this line.
-- Begin Custom Code
null;
-- End Custom Code
END Ap_Special_Rounding;
Please Help…………………………………………!Hi.
As far as i concern your requirement should have a different explanation. Withholding Tax concerns retaining an amount to pay to the Tax Authority. At least this is the general concept, so the WT account must allways be credited, never debited.
Octavio -
Vendor Withholding tax calculation
Hello
The vendor has been assigned with withholding tax code for billing type and payment type.They both are activated.
At the time of Invoice withholding tax has been calculated and also at the time of payment also withholding tax has been deducted.....
what is the solution for this...
regardsHello
In our case withholding tax is defined for invoicing and payment type for both.......so system will calculate on whichever is earlier.....
here its deducting at the time of invoicing and also at the time of payment......at the time of payment the line item for withholding tax comes in display mode......because of thst not able to make that amount equal to zero...
regards -
Calculating with attributes occurs problems in aggregation ...?
Hi Gurus, I have a question concerning the calculation with attributes:
I have created variables (as replacement path) based on a product attribute. The variables (with the attribute value) do work properly and I get the right numbers in the lowest hierarchy level.
Problem: within my hierarchy structure the query does not aggregate but reports errors ("X") in the upper hierarchy levels. How can I solve this problem?
Thank you for answering.
Greetings from T. DuongHi, I already have tried this but it didn't lead to the required result.
Still thank you for answering. I have seen in SAP Help that the options in extend properties might solve similar problems ... still mine cannot be solved by this. The problem is not the attribute value itself, as I found out.
I have another thread here, where I defined my problem that occurs due to a formula collision between a structure and a hierarchy.
Thank you.
Best regards
T. Duong -
No Withholding tax calculated when the work area is changed
Hi All
I have changed the work area in infotype 208 for an employee from OH to IL. Then i ran the payroll, but no withholding tax for IL was calculated. The employee residence area is IN.
Any inputs on why its not calculated ?
Regards
VamsiHello Yogesh,
Thanks for your reply!!!
We have solved the issue.
the issue is really due to after 7.3 Upgradation the RSPC_MONITOR had two more new feilds added
1) UNAME & 2) CHECK_TIME
and this fields doesn't exist in the 7.0 Version so due to this inconsistancy the Structure was failing.
so we have included two new Fields in the structure in the program and in the Customer Exit and working fine now.
With Regards,
PJ. -
Withholding tax calculation on Expenditure document
Hi all of you,
We have a scenario where direct expenditure entry could be made with out the vendor invoice i.e.
Courier Charges A/c Dr.
Service tax Receivable A/c Dr.
To HDFC
To TDS Payable A/c
My client is asking to calculate the W/h tax on the expenditure line item and he is asking to include the items in remittance challan and as well as Form 16a and to be included in E-TDS quarterly return for the corresponding vendor.
I think W/h tax calculation is purely dependent on the vendor line item only as we do assignment in the vendor master. How is it possible in SAP?
Please help me out.
Thanks & Regards
Ramki
Edited by: Ramki on Apr 17, 2009 11:56 AMDear Rams,
SDNFICO is right.
If You want to have the following posting:
Itm PK Account Account short text Assignment Tx Amount
1 31 100214 indian vendot 1.000,00-
2 40 444444 Consumptn, raw mat.1 1.300,00
3 50 177000 Withholding tax 300,00-
You have to manipulate Your wt code changing the WHT tax rate and use 23.08%
IMG --> Define WT Codes --> double click on Yours:
Percentage subject to tax 100,00 %
With/tax rate 23,0800 %
there is no other option at all.
I hope this help You.
Mauri -
Withholding tax calculated by line item
Hi all,
I am trying to test the withholding tax for vendors. My question is, if the invoice has many line items, and not all line items are subject to withholding tax due to its transaction nature, is it possible to select which items are applicable for withholding tax and let the system calculates the withholding tax by the line items? If yes, how do i do that as my understanding is, the withholding tax is at header level.
Thanks.
Regards,Hi
By default the system will calculate Withholding Tax for whole amount, if we want to change the value of Tax we have to manually change the Withholding Tax Base amount in the Withholding Tax tab of the Document Entry Screen and Change the Base amount to the amount for which the Withholding Tax has to be deducted then the system will calculate the Withholding Tax for the Base Value entered by us.
Regards
P Rajan -
Tax Requirement - with different base value
Hi,
We have material (Service) for which the tax calculation should be as follows:
If the quantity is 6, say the per unit value is 100 $. Then the first 4 will have tax calculation of 15 % (GST) on 100 $ and the rest of 2 will have 60 % of total value = 60 (X). And the tax value will be 15 % 0n X = 9.
So the total value will be - 100 (Basic Price) + 15 (tax for qty 4) + 9 (for qty - 2) = 124 $.
Is it possible in standard ? Also, the above is for Newzealand government , is there any specific requirement for that ?
Please Help !
RegardsHi Chidambaram,
Can you please give me more details on how we achieve this requirement.
Any document on this would be more helpful to me. Removed by Moderator
Please help !!!
Regards
Edited by: Lakshmipathi on Sep 3, 2010 7:02 PM
Please dont deviate the forum rules by asking to share any SAP related information to personal mail through this forum -
Withholding tax calculation at down payment clearing F-54
Hi,
Can any one reply the solution
When I am posting down payment to vendor, Basic TDS, Surcharge, Ecess on TDS and Ecess on Surcharge calculated.
Invoice is half of the down payment and TDS and Ecess on TDS calculated properly.
but when i am trying to clearing the down payment against invoice thru F-54, TDS and Ecess on TDS reversed and surcharge and Ecess on Surcharge is also reversed on proportionate basis.
It should not be reversed and client wants which is TDS is raised at Invoice it should be reversed. but we are getting more than that.
Plz help me
saiHi,
I think, what system doing is fine,
Let me explain with the accounting entries,
1. Down Payment
Debit Vendor SPL GL a/c 1000
Credit Bank a/c 945
Credit TDS Payable (all taxes) 55
2. Invoice Verification
Debit GR/IR or Expenses a/c 2000
Credit Vendor a/c 1890
Credit TDS Payable (all taxes) 110
3. Down Payment clearing
Debit Vendor a/c 945
Debit TDS Payable a/c 55
Credit Vendor SPL GL a/c 1000
4. Payment (Final)
Debit Vendor a/c 945
Credit Bank 945
5. TDS Payment
Debit TDS Payable 110
Credit Bank a /c 110.
Hope the above scheme of enteries would be helping you to understand this flow.
Saravanan.A -
Tax calculation with and without Frieght Charges
Hi all,
My Pricing Procedure is defined in the below mentioned way:
Present Scenario:(Tax 4% is calculated on Freight Charges)
Base amount = Rs.100/-
Freight = Rs.20/-
Rs. 120/-
Tax 4% = Rs. 4.80
Total Rs. 124.80
New Scenario:(Tax 4%is not calculated on Frieght charges)
Base amount = Rs.100/-
Tax 4% = Rs. 4/-
Rs. 104/-
Freight = Rs.20/-
Total = Rs. 124/-
How to map the new scenario,, infact my client want to use both the above sceanarios in a Pricing Procedure,,
how to define it?
please help me out,
thanx in advance
urendraCreate a same freight condition type with reference to the freight condition type already present in ur calculation schema.
now assisn the new condition type in ur pricing procedure upon the From and TO based on the subtotal like:
Base amount = Rs.100/-
Freight (old condition type) = Rs. 0
Rs.100/-
Tax 4% = Rs. 4
Rs.104/-
Freight (new condition type) = Rs.20/-
Total Rs.124 /-
regards,
indranil
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