Withholding tax- Vendor Invoice Reversals

Hi,
In Indian CIN -
I would like to know, if vendor invoice accounted (after deducting the Withholding Tax), can be blocked or give a warning before reversals. This is because we remit the tax in next period, before the due date.
After the tax is remitted, I would not like to reverse.
Kindly let me know if there is solution for this
Thanks

Hi
When you will remit the tax, the TDS line items in your vendor booking document will be cleared. After that if any one wants to reverse that document, system will not allow unless FBRA is performed. So you have got the control in the system after deposit of your TDS.
regards
Parag Bhargava

Similar Messages

  • Withholding tax - cancel invoice

    Hello Experts, I have configured Extended Withholding tax for invoices, so when an invoice is generated, a line item for withholding tax is generated as well. My problem is when cancelling an invoice (MR8M): the system generates an FI document with all items reversed except withholding tax item, this amount is added to vendor account line item. Neverthless, when FI document generated is canceled by FB08, reversal document is generated considering withholding tax item, as is required. Could anyone help me?
    Thanks in advance.
    Efren

    Hi Ravinagh, I already have maintained accounts in Tx.OBWO, and the problem persists. Transaction MR8M does not consider this settings, unlike FB08. For example, this is documetn FI generated from invoice:
    PK   Acc.                 Text                            Amount
    31    2010008239      Company AAA              1,047.20-
    86    42010008          Fact.x Services        1,000.00
    40    40011002     IVA-Purchasing               190.00
    50    40012005     Withholding tax %           142.80-
    MR8M generates this document:
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    21   2010008239     Company AAA        1,190.00
    96   42010008     Fact.x Services        1,000.00-
    50   40011002     IVA-Purchasing           190.00-
    And what is required is as transaction FB08 generates:
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    21  2010008239         Company AAA             1,047.20
    96     42010008          Fact.x Services        1,000.00-
    50     40011002          IVA-Purchasing           190.00-
    40     40012005          Withholding tax %           142.80   
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  • WITHHOLDING TAX TYPE의 INVOICE

    제품 : FIN_AP
    작성날짜 : 2004-05-19
    WITHHOLDING TAX TYPE의 INVOICE
    =============================
    PURPOSE
    Invoice Distribution Level에 있는 Type중에는
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    사용해야 합니다.
    Explanation
    Withholding Tax type의 invoice에 대해 말씀드리겠습니다.
    해당 Type은 User가 직접 입력하는 것은 아닙니다.
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    Withholding Tax tab으로 이동하시면, "Create Withholding Invoice"가 있습니다.
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    Standard Invoice를 입력하고, 승인시점에 Distribution에 Withholding Tax Group에
    따라 소득세와 주민세 Line이 생성되고,
    새롭게 그 원천세 금액에 맞게 세무서를 supplier 로 하는 invoice 가 자동으로 생깁니다.
    이 Invoice가 Withholding Tax Type의 Invoice인 것입니다.
    이렇게 자동으로 생성된 Withholding Tax Type의 Invoice는 Supplier가 세무서이므로,
    회사가 원천징수한 세금을 세무서에 납부하기 위한 invoice 가 되는 것입니다.
    만약 지금까지 Withholding Tax Type으로는 송장이 만들어지지 않았다면,
    해당 Option값이 "Never"로 설정되어 있다는 뜻입니다.

    Dear F,
    please kindly check that You define the wt type at invoice time.
    Then please check that You define the wt type at your company code level and insert the right time validity.
    Then check that You open by ob41 and ob14 the field status for your relevat posting key and g/l account for tax fields (witholding tax fields)
    --> Taxes
    Withholding Tax Code
    Withholding Tax Amounts
    please put them as optional.
    Then that Your wt type and code are correctly defined into Your vendor master data with the flag liable switched on.
    I hope this help.
    Mauri

  • Withholding taxes at invoice are not totally updated at FMF0

    Dear all,
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    IF we create an invoice for an amount of 100 u20AC.(it has 10u20AC of withholding taxes) The 100 u20AC goes against a funds reservation doc(linked to an expense commitment item), and withholding tax account (180000) contains a commitment item (retencion) with a
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    Vendor 90-
    Expense 100
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    The problem was that we thought the in order withholding taxes wouldn´t be relevant we have to set financial
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  • Withholding TAX - AP INVOICE through DI API

    Hi Experts,
             I am posting AP INVOICE through DI API. When am posting WITHHOLDING TAX for AP INVOICE am getting error like "Total  taxable amount of all rows exceeds the base amount [pch5.taxbleamt]". My code
                            APINVOICE.WithholdingTaxData.WTCode = ORec1.Fields.Item("WTCode").Value
                            APINVOICE.WithholdingTaxData.WTAmount = ORec1.Fields.Item("WTAmnt").Value
                            APINVOICE.WithholdingTaxData.Add()
    Please help me to solve this issue.
    Thanks in advance,
    Jeevan.

    Hi
    The below code can be used to add WT tax, But ensure that BP having the WTCode mapped.
       APINVOICE.WithholdingTaxData.WTCode = "TC-2"
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    TC-2 is the WTCode mapped to Vendor i chose to add A/P invoice thro DI API.
    Regards,
    Tamizh.

  • Withholding tax for Invoice posting

    My client has WHT set up for payments in Mexico but they also want to set that up for Invoice posting, should I create new Tax type and code for that? And also to which accounts I need to define that type & code?
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    Thanks,
    ST

    Hi S T
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    * Withholding tax at the time of payment
    As you have withholding tax at the time of payment, if you want WHT at the time of invoice also, then you have to create type and codes under that
    Kindly let us know if you need any help further
    Thanks
    Prasad

  • Profit center splitting - Intercompany FB60 - Sales/Use Tax Vendor invoices

    We are implementing Use Tax calculations for Vendor invoices and are stuck on an issue with profit center splitting when entering intercompany AP transactions (FB60).     The tax postings of the non-leading company are being split between the two company profit centers.
    When posting a vendor invoice with more than one company the tax items of the leading company are posting with the correct profit center but tax items if the non-leading company are splitting between the profit centers of the two companies.   The total amount of the tax is still correct, just part of it is posted to the wrong profit center. 
    We are assuming this is a document splitting issue but changes to document splitting configuration did not get the desired effect of not splitting the tax accounts.   
    Are there any suggestions of particular areas of document splitting that we should look into or other areas that might be causing this profit center splitting for the tax items?  Any ideas would be appreciated.
    Thanks,
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    Hi Murlidhar,
    Here's a sample transaction with the problem results we are seeing.  Normal AP transactions are posting fine, it is only when Sales/use tax is added that we are finding a problem with the profit center splitting.
    Entering a two line FB60 transaction under company 0001.
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    Line 1 $7.30 for company 0001
    Line 2 $9.05 for company 0002
    When the transaction is then viewed in General Ledger View we see the tax amount of $7.30 posting to profit center 220020 but the tax amount for line 2 of $9.05 is evenly divided between profit centers 220020 and 250020. 
    The $9.05 should be posting only to profit center 250020 as the profit center assigned to line 2 of the transaction.
    Thanks,
    Jeff

  • List of Withholding tax vendors

    Hi
    Guys,
    I need vendor list which is attached to With Holding Tax...
    Pl. help me out how to take this report
    Regards
    K.Gururajan

    Hi,
    Further to your mail, Vendor details with With Holding Tax Details can be found with SE16N and table LFBW.
    Table u2013 LFBW would display the details of the above.
    Select Export Button -> Choose Spread Sheet Radio Button for which format you are going to file at desktop about the details -> Give browse details file name u201CLFBW VENDOR WHT Datau201D select desktop icon and SAVE.
    Goto Desktop and select the above file open and use as per your requirement.
    Regards
    VG

  • Define Withholding Tax Type for Payment Posting

    Hey Guys, I'm configuring Withholding Tax for a company. I know the purpose for defining the withholding tax type for invoice posting, but do understand where is the Withholding tax type for payment posting used? Is it used for advance(down) payment or something else?
    Thanks,

    Hi ,
    In some countries there is requirement that you need to deducted Withholding tax either at time of Invoice or payment which ever is ealier . so if you get Invoice first then you deduct the Withholding tax on Invoice and define the tax type and assign to company . but if you make paymnet first which we called advance or down payment then we configure Withholding tax on payment .
    If a vendor is liable for withholding tax on invoice it may be liable for payment as well if you think you may pay some advances .
    Please let me know if you need more information

  • Withholding Tax Type for Payment Posting - Customer Accumulation -

    We are using the Withholding Tax Type for Payment Posting for customer with the accumulation per month and checking the minimum/maximum withholding tax base amount to calculate the tax.
    When we run the F110 transaction (Automatic Payment) the system creates a BIll of Exchange as Noted items and keep the accounting document created from the SD opened. After the customer pay the bill, the bank send a file informing the payment, then we clearing the accounting document. 
    But the system updated the WITH_ITEM Table and filled the fields AUGBL(Clearing Document) and AUGDT (Clearing Date) with the number and date of the BIll of Exchange that was created during the F110 running.
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    I would like to konw if the system is working properly, or can have something wrong in our configuracion?
    Thanks and regards
    Augusto

    Hi ,
    In some countries there is requirement that you need to deducted Withholding tax either at time of Invoice or payment which ever is ealier . so if you get Invoice first then you deduct the Withholding tax on Invoice and define the tax type and assign to company . but if you make paymnet first which we called advance or down payment then we configure Withholding tax on payment .
    If a vendor is liable for withholding tax on invoice it may be liable for payment as well if you think you may pay some advances .
    Please let me know if you need more information

  • Error in added withholding tax code in XK02-extended withholding tax

    dear all,
    I've just activate extended withholding tax using invoice posting.
    When I want to add withholding tax code in vendor master data XK02 it appear error that tax code I've input does not exist in table T059Z, because it read country value "ID" beside the tax code.
    For example I've create tax code L1 in country ID, and add L1 in XK02, the error appear 'Entry 'ID L1' does not exist in T059Z.'
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    Hi Oscar,
    i would like to know whether the company and the vendor are both in country ID.
    if that is the case, just check in "Check Withholding Tax Countries" whether the country has been included.
    and also assign the WHT type to your co code in"Assign Withholding Tax Types to Company Codes".
    define the WHT type first and then WHT code.
    this should solve your problem. if not, kindly revert.
    *award points if this helps*
    Regards,
    CA. Karthik Narayan N S
    SAP-FICO Consultant

  • Request to Make Withholding Tax info changeable on Cleared Line items

    Hello all,
    I got a new requirement where the client wants to change the withholding tax information in vendor cleared items. some documents got posted with wrong WT T type, now they want to make the changes to submit 1099 report. Withholding tax info is updated in vendor master and it is picking up defaultly while making the postings to the vendor through FB60.Even this field  (Withholding tax type)  is not changeable in Withholding tax info tab of the FB60. i try to make the settings through Tcode OB32 (document change rules)  but unfortunately this field is not editable in withholding tax information, while open the document through change mode. The field is WITH_ITEM-WITHT (Withholding tax type).
    Please can anyone help me who works on this.
    Thanks & Regards,
    Venkat
    Edited by: p.venkateswarareddy on Jan 20, 2010 9:21 AM

    Dear Kumar
    The relevant withholding tax types change, for example, as a result of legal changes. A withholding tax type is relevant if the following conditions apply:
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    2. The company code is indicated as authorized to deduct tax for vendors or as subject to withholding tax for customers for this withholding tax type (withholding tax data for company code: View V_T001WT)
    3. The posting date is in the validity period for the deduction authorization (withholding tax data for company code View V_T001WT).
    Regards,
    Chintan Joshi.

  • Items have not been activated due to inconsistent withholding tax info

    Hi, expert
    I want to make  vendor payment  through F-53 after fill the detail when i click on open item process & double click on amount it gives an error 1 items have not been activated due to inconsistent withholding tax info
    regards
    gk

    Dear Kumar
    The relevant withholding tax types change, for example, as a result of legal changes. A withholding tax type is relevant if the following conditions apply:
    1. The withholding tax type is entered in the SAP master record of the business partner and indicated as subject to withholding    tax (vendor).
    2. The company code is indicated as authorized to deduct tax for vendors or as subject to withholding tax for customers for this withholding tax type (withholding tax data for company code: View V_T001WT)
    3. The posting date is in the validity period for the deduction authorization (withholding tax data for company code View V_T001WT).
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    Chintan Joshi.

  • Extended Withholding Tax Certificate Printing

    hi,
    i configured & checked upto withholding tax in invoice poting & payment posting
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    can any body help me out in sending sequence of configuration document from numger group maintanance to upto certificate printing what are the configurations step to be done
    thanks in advance,
    prakash

    please follow the link, full configuration of EWT are there including number group, number ranges
    https://www.sdn.sap.com/irj/servlet/prt/portal/prtroot/com.sap.km.cm.docs/library/bpx-community/enterprise-resource-planning/withholding%20tax%20-%20country%20india%20version.pdf

  • Country india version (CIN) - Withholding tax

    Hi all,
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    Thanks,
    Sridevi

    Hi Sridevi,
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    J1INBANK - Update Bank Challan Number
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    J1INREP - Reprint
    J1INCANC - Cancel
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    Ashish Jain

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