[very urgent] tds deducted on payment

[Former Member]

hi,

Q1)

While making payment to vendors using f-58 or f110 is it possible to find out if any partial payment is done then how much tds was deducted on this line item. Is this value stored in REGUP when the document is posted. How can i get the TDS deducted for payment done for the line item in invoice on which tax is allowed.

Q2)

also, how does the system decide on which line items payment is being made say invoice has 3 line items 1000,2000,3000 and tax is on line item 3000 and i make a partial payment of 3000 how will know whether payment is for line item 3 or line item 1+2, and accordingly decide whether to deduct tax or not.

[Former Member]

Hi Chandan,

You need to configure Withholding tax settings for calculating the TDS. SPRO->FI->FI Global->Withholding Tax.

F-58 and F110 will not automatically pick up. While posting the invoice you need to check the Calculate Tax button to calculate the withholding tax.

With regard to your 2nd doubt, while posting the invoice you need to check the "Calculate Tax" button in the 3rd line. This is how the system will know on which line item it need to calculate the tax.

Regards

Sridhar