on 09-25-2008 6:50 AM
Dear all,
I have issue regarding withholding tax,Earlier we have deducted the TDS on Gross amount including Service tax now as per circular we can deduct the TDS only on Rent,we have to manually change the base amount & tax amount because system picks the whole amount including service tax when the users are entering invoice through F-43 to FB60.How to Map this in SAP.
Waiting for your useful answers.
Regards,
Aakash
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Hi,
Please check the withholding tax type for Invoice Posting and Payment Posting. Check the following IMG
IMG > Financial Accounting (New) > Financial Accounting Global Settings (New) > Withholding Tax > Extended Withholding Tax > Calculation > Withholding Tax Type > Define Withholding Tax Type for Invoice Posting AND Define Withholding Tax Type for Payment Posting
Select the withholding Tax type and check the base amount. it should be Gross Amount
Regards,
Jigar
Hii Jigar
Thanks for your reply
We have already checked gross amount but as far as i know when we check this indicator the system picks the gross amount of invoice as base amount but my requirement is we want to pick only Rent amount (excluding service tax amount) as base amount.
Regards,
Aakash
Hi,
Please check the settings in Withholding Tax Codes
Financial Accounting (New) > Financial Accounting Global Settings (New) > Withholding Tax > Extended Withholding Tax > Calculation > Withholding Tax Code > Define Withholding Tax Codes
Please check whether Percentage Subject to Tax is 100%?
Regards,
Jigar
Hi Dear,
Change the tax type of 194I ( Rent ) for select the option Net Amount system will automatically take the base amount as net ( exclusive of tax ). pls check
regards
Dipak
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Hi
As per my understanding u want to calculate the tax amount only on rent not on any other amount. If i understand ur problem correctly, u have to make changes to the invoice tax type or have to define new tax type. If u want to make changes to the existing one then u have to tick for manual entry for the base amount or u have to enter manually the tax amount.
Another way could be the modified net amount by choosing the internal processing key, but i have no knowledge about internal processing key.
Hope it may help u to solve ur problem.
Regards,
Prafful Kansal
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hi,
hi gross amount is inclusive of taxes on sales/purchase like servise tax, vat etc.
so if u put it as net thn it'll calculate on net amount with out including tax amount which u want to exclude
regards,
Ramaiah
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SAP HAS release note, where in solution has given
note no. 1170754
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