TDS deducted in Advance Payment

sachinsanghavi
sachinsanghavi Member Posts: 38
edited 2008-08-22 in NAV/Navision Classic Client
Dear All,

Navision Verions: 4.0 SP3 (India)

Subject: TDS Deducted in Advance Payment when applied while booking invoice should reduce the TDS to the extent of the advance payment.

Details:
A payment entry is booked in the system on 1/4/08 with TDS Details on posting the TDS entry table is impacted. The Entry was for say 10000.


Now while booking invoice of 50000 in the header i apply this to the payment. Logically the tds now should be calculated on the rest 40000 only. But the system takes the base amount as 50000.

Thanks in Advance

Comments

  • ssingla
    ssingla Member Posts: 2,973
    Select the invoice number in the header and the select the TDS Nature of Deduction field in the line and then see the result. :whistle:
    CA Sandeep Singla
    http://ssdynamics.co.in
  • sachinsanghavi
    sachinsanghavi Member Posts: 38
    In invioce header i had specified the applied to payment and the payment document id.

    In the line the tds nature of deduction is selected. But then too the tds base amount is taken on full.

    kindly assist.

    Regards,
    Sachin.
  • ssingla
    ssingla Member Posts: 2,973
    follow the sequence and then calculate. Nav gives different results if the sequence is not followed.

    Also refer to the TDS manual of Indian Localization and you will get the details along with the example.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • darshanm
    darshanm Member Posts: 280
    Namaste!

    This is a bug in NAV SP3(HF6). In Purch. Inv if there are multiple
    lines with TDS deduction. Now if Invoice is applied against advance
    payment(against which TDS has already deducted), Then NAV does
    not dedeuct the TDS in Purch. Inv on diff amount.

    I posted this bug on Microsoft and they have sent me the code fix.
    log your support incident on MS website.
    Darshan Mungekar
    Senior Consultan

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