Requirement-Deduction of TDS on nominal Interest in FD - TRM TBB1

[former_member268702]

In SAP Treasury, while using TBB1 to post interest flows, the accounting entry generated is shown under

Interest Expense A/c Dr

To Fixed Deposit Liability A/c

Since the Customer Account is not being picked up by the system, TDS deduction entry is not being generated.

Unfortunately, by crediting the Customer, system would not capitalize and add the interest accumulated to the Fixed Deposit Liability account thereby hindering the calculation of interest for the next quarter.

Thanks