TDS Adjustment for multiple payment against a Single invoice

chinmoy_unique

Hi Experts,

Please let me know how to adjust TDS which are deducted in multiple payment against a single invoice. For example Suppose Vendor X Advance payment made in different dates are as follows:

15.04.11 Rs. 20000 TDS Deducted Rs.400
20.04.11 Rs. 30000 TDS Deducted Rs.600
25.04.11 Rs. 50000 TDS Deducted Rs.1000
on 30.04.11 Vendor X has given one invoice of Rs. 120000 in which TDS Should be deducted as 2400 but as already in Advance Payment Rs. 2000 deducted as TDS as mentioned above now only Rs. 400 to be deducted as TDS after adjusting the Rs. 2000.

My questions is how to handle this scenario in MSD NAV-2009?

ssingla

This is another unbaked/incomplete feature though just a few modifications are required to make it work. The Invoice form does not have the feature of setting "Applies to ID" though the field is available. You need to make the procedure and the rest is available.

mgmutha

Hi Chinmoy,

If you dont want to go for a Customization then as workaround you can create two lines in Invoice.
On 1st Line enter line amount = 20000 with TDS NOD
and On 2nd Line Enter line amount = 100000 without any TDS NOD.
and do the offline application with payment entry.

chengalasettyvsrao

You need to do customization for the functionality what you are looking . That functionality is available at Purchase creditmemo - > Functions - > Apply Entries. You can apply the same logic to Purchase Invoice form also.

chinmoy_unique

Hi Chengalasetty,

Yhanks for your reply.......it is working

Chinmoy Banerje