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Re: TDS Deduction during APP Run

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I checked the line item in payment proposal, system is taking base amount and calculating TDS on that, while system should pick vendor payment amount. (invoice amount - TDS). I also got one more issue, if there is some advance payment to vendor and we are also clearing that in APP than system adding TDS amount in payment which was deducted on down payment.

 

Example -: I made a down payment of  12000 and deducted  20% TDS

Entry -:  vendor a/c                Dr.    12000

               Bank a/c                Cr.      9600

               TDS payable          Cr.      2400

 

Than invoice 32000, deducted 20 % TDS on 20,000 (as i have already deducted TDS on 12000 Advance)

Entry -:   Expanse                      Dr.           32000

               Vendor   a/c                Cr.           28000 

                TDS payable a/c        CR             4000

 

 

When i see FBL1N, i have to pay 16000 (28000 -12000 ) Now i run APP and system generate below entry -:

 

Vendor a/c                Dr.          28000

TDS payable a/c       Dr.            2400

Vendor a/c                Cr.          12000

Bank Outgoing          Cr           18400

 

 

Now i am paying 2400 extra which i deducted as TDS. Can anyone please explain why this is happening ? Is it a configuration issue or some process ?


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