TDS is it applicable for FICA

[aamna]

Hi Guys,

I am having requirement from client that they want to implement TDS notes related to FICA.

When i searched in portal all notes were related to FICO but nothing was related to FICA, are we having any notes which are specific to FICA for TDS and can anyone give the sequence of that.

[TammyPowlas]

Hello - I think it depends on your country/locality tax requirements. Where I work, it is not applicable to FI-CA (yes to FICO)

For FI-CA, Amlan gives a possible solution here: https://answers.sap.com/questions/9332583/how-to-handle-tds-in-fica-on-interest-receivable.html

Amlan says "I think you want to post the TDS amount in SAP as well at the time payment is posted into SAP,

If my above understanding is correct, then you can cater this through event 0032.

Event 0032 can create additional line items for a document in Contract Accounts Receivable and Payable.

So, you will get the payment document in this event and can do the respective checks as per the business logic and then calculate the TDS amount and pass the values to any standard FM , like FKK_COMPLETE_CHARGE_DOCUMENT to post the TDS amount into the account."

[aamna]

Hello

My client is Indian

The above blog given is only for interest calculation minusTDS,

but I want to know whether TDS is applicable for entire Fica or not

And SAP has given standard notes and what could be the format