Vendor Payment

[Former Member]

hi,

suppose advance payment in vendor throught bank.

so what is entry pass the ledger and which t.cdoe .

becoz i think tds entry also pass in advance so pls help me.

what is the possess

rohit

[Former Member]

Hi Rohit,

I read your reply, but I am sorry i cant understand what exactly is the problem that you are facing?

What do u want to know? Do u want the system NOT to calculate the TDS while advance payment or you want to know the G/L entries of advance payment made to vendor.

Can you please explain more on this...

Regards,

Amit

[Former Member]

Rohit,

have you done the customization of TDS (Withholding Tax)? If yes, then have you attached it to your Vendor Master data? You are NOT supposed to put manual entries in TDS G/L since it is supposed to be calculated automatically. You dont have to put Manual posting to TDS G/L.

Hope this helps.

Regards,

Amit Maniar

[Former Member]

ok,

but advance payment (15 crore) bank through

vendor( 1466 app)

and tds (339900 app)

so pls suggest entry and which t.code

vendor master data and tds condition already define..

rohit

[Former Member]

hiii..

T.Code is F-48 for vendor advance payment.

Accounting entry will be..

Vendor A/c Dr

To Bank A/c

To Tds

To Surcharge

To cess

[Former Member]

good,

but what process enter the entry.

i try but 29 (a) vendor and 50 (bank) but enter the tds (50) than system show error ..

so how to track tds entry..

pls suggest me