Tds entry in double entry format

Madhavi_Pandey
Madhavi_Pandey Member Posts: 124
edited 2010-08-19 in NAV/Navision Classic Client
Hi All,

I want to post Tds entry in double entry format and to post this entry i am using General Journal Voucher but i am not able to pass this kind of entry.(i am using navision 2009 sp1)

Expense A/C....Dr
To Tds A/C
To Party/Company A/C
(Being ...................................)
Madhavi Pandey.

Answers

  • ssingla
    ssingla Member Posts: 2,973
    Have you selected the document type as "Invoice" in the General Journal Lines.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • Madhavi_Pandey
    Madhavi_Pandey Member Posts: 124
    ssingla wrote:
    Have you selected the document type as "Invoice" in the General Journal Lines.


    No,bymistaken i have selected the document type "Payment".You are right Thanks :)
    Can u guide me how can i manage this entry for autometic Tds calculation.Thanks in advance.
    Madhavi Pandey.
  • ssingla
    ssingla Member Posts: 2,973
    What you require? What is automatic calculation? I beleive NAV does calculate TDS automatically once "Party Type", "Party Code" and "TDS Nature of Deduction" is selected.
    CA Sandeep Singla
    http://ssdynamics.co.in
  • Madhavi_Pandey
    Madhavi_Pandey Member Posts: 124
    ssingla wrote:
    What you require? What is automatic calculation? I beleive NAV does calculate TDS automatically once "Party Type", "Party Code" and "TDS Nature of Deduction" is selected.


    When i post the TDS entry this message has come, "Posting date does not lie in Income Tax period setup".
    Madhavi Pandey.
  • ajaykt_2000
    ajaykt_2000 Member Posts: 81
    When i post the TDS entry this message has come, "Posting date does not lie in Income Tax period setup".

    Define income tax accounting period
    General Ledger - Setup-Income Tax-Accounting period
    ajay k tripathi
    Functional Consultants
  • Madhavi_Pandey
    Madhavi_Pandey Member Posts: 124
    ajaykt_2000 wrote:
    When i post the TDS entry this message has come, "Posting date does not lie in Income Tax period setup".

    Define income tax accounting period
    General Ledger - Setup-Income Tax-Accounting period


    I am already defined it.
    Madhavi Pandey.
  • ssingla
    ssingla Member Posts: 2,973
    ajaykt_2000 wrote:
    When i post the TDS entry this message has come, "Posting date does not lie in Income Tax period setup".

    Define income tax accounting period
    General Ledger - Setup-Income Tax-Accounting period

    Have you defined the Quarters (General Ledger - Setup-Income Tax-Accounting period-Lines-Quarters)
    CA Sandeep Singla
    http://ssdynamics.co.in
  • Madhavi_Pandey
    Madhavi_Pandey Member Posts: 124
    ssingla wrote:
    ajaykt_2000 wrote:
    When i post the TDS entry this message has come, "Posting date does not lie in Income Tax period setup".

    Define income tax accounting period
    General Ledger - Setup-Income Tax-Accounting period

    Have you defined the Quarters (General Ledger - Setup-Income Tax-Accounting period-Lines-Quarters)

    yes i am already defined it.
    Madhavi Pandey.
  • ssingla
    ssingla Member Posts: 2,973
    Then use debugger or take the help of your seniors to resolve the problem.
    CA Sandeep Singla
    http://ssdynamics.co.in

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