How do we pay W.tax to the govt.?

[Former Member]

Hi,

How do we pay W.tax to the govt. and what entries is done by SAP?

Please help me out on this question?

Regards

Nitin

[Former Member]

Dear,

To pay TDS to government you will have to run J1INCHLN...Here you will have mention your Bank Account GL so entry will be..

All TDS payable account which have been posted like

TDS Payable u/s 194C Dr.

Ecess (if any) Dr.

Bank Account Cr.

You have to pay TDS sectionwise.

Regards,

Chintan Joshi

[Former Member]

thanks

[Former Member]

Dear,

First, you need to run the challan (J1INCHLN) which will pick all those documents which has a TDS deduction, here we give the bank gl account where all the TDS amount will be collected this bank account we will configure as a bank vendor. After this we will run APP for this vendor and the entry would be-

Bank Vendor (Govt) Dr ac XXX

To Bank account (Paying bank) Cr ac XXX

After running the above you need to create a bank challan (J1INBANK) for the above payment received then the certificate (J1INCERT).

[Former Member]

Hi

Is it Withholding tax you are referring to. Then

1) J1INCHLN - Remittance challan. Through this the payment entry to bank is accounted

2) J1INBANK - Bank challan. Challan number received from bank is updated here against above payment entry

3) J1INCERT - Certificate printing

4) J1INQEFILE - Quartelry return

Thank You,