TDS CM and TDS Stnd Inv can be created manually

[Number13]

Hi Everybody,

The issue is we created on invoice for one supplier and the invoice amount is less than TDS threshhold amount and we dint apply TDS section in this Invoice. Now we have new invoice for the same supplier and here invoice amount is crossing the TDS threshold amount. But system has created TDS CM and Standard TDS Invoice only for the 2nd ivoice that is obvious.

Now we need to create TDS CM and TDS Standard Invoice for the 1st invoice also. Is it possible to create TDS CM and TDS standard Invoice against the 1st invoice and if yes then how.

Please reply me as soon as possible if anybody knows the solution.


Thanks and Regards,

[tgs100]

What is the business requirement to create TDS even if threshhold limit is not reached?

If you are looking for automatic deduction of TDS, you should change the threshold amount.

Cheers,
Saravanan TG

[Number13]

Hi Saravanan,

Thnaks for reply.

Actually according to Cumulative threshold total amount of both invoices has crossed the threshold limit. Now TDS shld be deducted on the total amount of both invoice, but system is calculating TDS only for the 2nd invoice, while we have to calculate TDS on the total added up amount of both invoices.

That's why I am asking whether manual TDS Credit Memo and TDS standard Invoice can be created or not?

[tgs100]

The best way is to cancel the first invoice and create a new invoice (for the same amount) and attach the TDS code in distribution if you want the system to create TDS automatically.

Cheers,
Saravanan TG