1042 Configuration in SAP

[Former Member]

My company has never implemented 1042 withholding tax and now we have request to do that. They also want me to turn the extended withholding tax on so we can post multiple tax codes to one invoice. I have ran the conversion and I have multiple errors. Does anyone have a list of activities and configuration that needs to be completed when turning this extended withholding tax on.

Thank you,

Rhonda

Message was edited by: Rhonda Evans

[Former Member]

4.6c

[Former Member]

Linda,

I have a couple more questions. I was wondering if you could call me at 336-424-6339.

Thank you so much for your help.

Rhonda Evans

[Former Member]

Linda,

Thank you so much. This was very helpful I think I have it all solved except for trying to configure a code when there is amount you must meet before withholding the tax amount.

Thanks again

[Former Member]

Hi Rhonda,

What release are you on? I have the same issue for 1042s, but here are some helpful links for turning on the extended withholding tax:

http://help.sap.com/saphelp_erp2005/helpdata/en/e5/0780914acd11d182b90000e829fbfe/frameset.htm

Defining withholding tax codes:

http://help.sap.com/saphelp_erp2005/helpdata/en/e5/0780914acd11d182b90000e829fbfe/frameset.htm

http://help.sap.com/saphelp_erp2005/helpdata/en/e5/0780914acd11d182b90000e829fbfe/frameset.htm

If I find out anything for 1042 reporting, I'll post a reply to your topic.

Linda

Please assign points as a way to say thank you.

[Former Member]

Basic Settings

Check Withholding Tax Countries

Define Withholding Tax Keys

Define Reasons for Exemption

Check Recipient Types

Define Business Places

Assign Factory Calendars to Business Places

Define Section Codes

Calculation

Withholding Tax Type

Withholding Tax Codes

Withholding Tax Base Amount

Minimum and Maximum Amounts

Surcharges

Company Code

Assign Withholding Tax Types to Company Codes

Activate Extended Withholding Tax

Postings

Accounts for Withholding Tax

Certificate Numbering for Withholding Tax

India

Unless these setting in done system shall not post TDS entry

Logistics - General

Tax on Goods Movements

Maintain Company Code Settings

(Excise calander First month has to be determine ie April)

Thanks

Colin Thomas