How to apply prepayment with TDS
Posted: Mon May 24, 2010 9:12 am
Dear All,
I created one prepayment and applied TDS and then made Payment to prepayment along with TDS Credit Memo and TDS Invoice for Income Tax Authority for TDS. Now after few days created standard invoice for the same supplier and applied TDS. Now how to apply Prepayment to supplier as system is not allowing me to apply prepayment to the invoice when I am selecting both Standard Invoice and TDS Credit Memo. System is letting me apply prepayment only on the invoice without TDS Credit Memo and here full prepayment amount is being applied. I mean without deducting TDS amount which was deducted while making payment to prepayment.
Now I need to know what to do with the TDS invoice for Income Tax Authority generated with Standard Invoice of the Supplier as the here the TDS amount which will be being paid to Income Tax Authority is deducting the TDS amount which has been already paid by paying the TDS invoice for Income Tax Authority generated along with the Prepayment Invoice.
Pleas help me. I really need to know how to resolve this issue.
Thanks and Regards,
Satya
I created one prepayment and applied TDS and then made Payment to prepayment along with TDS Credit Memo and TDS Invoice for Income Tax Authority for TDS. Now after few days created standard invoice for the same supplier and applied TDS. Now how to apply Prepayment to supplier as system is not allowing me to apply prepayment to the invoice when I am selecting both Standard Invoice and TDS Credit Memo. System is letting me apply prepayment only on the invoice without TDS Credit Memo and here full prepayment amount is being applied. I mean without deducting TDS amount which was deducted while making payment to prepayment.
Now I need to know what to do with the TDS invoice for Income Tax Authority generated with Standard Invoice of the Supplier as the here the TDS amount which will be being paid to Income Tax Authority is deducting the TDS amount which has been already paid by paying the TDS invoice for Income Tax Authority generated along with the Prepayment Invoice.
Pleas help me. I really need to know how to resolve this issue.
Thanks and Regards,
Satya