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WHT rate wrongly taken

Former Member
0 Kudos

hi,

We have wrongly calculated 2% on the invoice price as a withholding tax till date instead of 10%. How to adjust the difference and make the setting for 10%.

Please suggest the necessary configuration in detail.

Thanks

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Dont post a jv with tds amount. Else the same will not reflect in the Standard TDS Register. use only J1inJV. Configure the document type and check it out. you can correct the amount and tax code both.

narasimhulu_konnipati
Active Contributor
0 Kudos

As the documents got posted already, try the below

1. J1INJV - see if you can correct the amount (if the amount is still outstanding in Vendor account)

2. FB01 - F-02 : Post a JV to TDS account with net amount.

Thanks