Hi all,
If I post a Bank Payment voucher with a document type as Payment the system is not posting the TDS Payable G/L account.
In my scenario, I have to create a Bank Payment voucher in two lines, cos I have to select two different Dimension code in the entry.
The system is posting the entry as Vendor and Bank Account with the amount of Rs. 10000/-
Details in the TDS Entry Table are getting updated without giving the effect to TDS Payable G/L Account.
This will lead to a big issue relating to TDS payable only getting Debit at the time of payment to GOVT authorities and will give a blast if the client looks for the Bank reco.
Suggest if any one has gone through such a case or I am doing any thing wrong.
Regards,
APS
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Comments
http://ssdynamics.co.in
TDS Group code: Contractor
TDS Base Amount: 100000/-
TDS Threshold Amount: 20000/-
How will it effect the posting of TDS Payable G/L Account.
Regards,
Amanpreet
http://ssdynamics.co.in
It is not getting posted in the G/L account
Entry should have been:
Vendor Account.......Dr 100000/-
TDS Payable...........Cr 2000/-
Bank Account .........Cr 98000/-
Entry getting posted is:
Vendor Account.......Dr 100000/-
Bank Account .........Cr 100000/-
(although TDS entry table No. 13729 is getting updated but no G/L effect)
http://ssdynamics.co.in