Title User manual for TDS Remittance

Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Tax Deducted at Source (Withholding Tax)
Purpose
Account for Tax Deducted at Source (TDS) on all transactions hich are lia!le for TDS" TDS in
SA# is called $ithholding Tax ($IT)"
Trigger
Deduct TDS in case of all the folloing In%oice &erification ' In%oice (oo)ing ' *+
Transactions,
Su!-contracting
#rofessional fees
Interest other than Interest on Securities
Rent #aid
Agenc- Commission
Prerequisites
.aintain $IT t-/es and $IT Codes is the &endor .asters and enter (usiness #lace and
Section codes in all transactions related to TDS
Process lo!
Create Remittance Challan
Issue Chec) .anuall-
$rite TDS Challan manuall- !ased on the remittance challan generated a!o%e
U/date (an) Challan
"enu Path
In India +ocali0ation (12I+3) use the folloing menu /ath(s) to !egin this transaction,
Select Tax Deduction at Source Extended Withholding Tax #endor $hallan
Post
Transaction $ode
12I3C4+3
%elp&ul %ints
#ress F2 for hel/
#ress F5 for getting in/ut %alues
R 6 Re7uired
8 6 8/tional
C 6 Conditional
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 1 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
$aution 5 Enter +usiness Place and Section $ode in all the transactions
rele6ant to TDS
74 Pre-requisities
747 "aintain WIT T8pes and WIT $odes in #endor "aster
Transaction Code , =>9<
#ress enter and maintain the folloing data,
ield )a9e Description R:(:$ 'ser action and 6alues $o99ents
$4 Tax
Countr-
$ithholding Tax Countr- )e- R ?nter I3@ for India
$th"t"t-/e $ithholding Tax T-/e R Select the rele%ant
ithholding tax t-/e
a//lica!le to the &endor
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 2 ' 23
Select Vendor
Activate Withholding
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
$'tax code $ithholding Tax Code R Select the rele%ant
ithholding tax code
a//lica!le to the %endor
Defaults
from the
first screen
+ia!le Indicator, Su!Aect to
ithholding taxB
R Acti%ate the chec) !ox"
Rec" T- T-/e of Reci/ient R Select reci/ient t-/e C8 6
Cor/orate or 8T 6 8thers
de/ending on the nature of
%endor
?xem/tion
num!er
?xem/tion certificate num!er 8 ?nter the exem/tion
certificate num!er !ased
on certificate su!mitted !-
the %endor
?xem" C Rate of C exem/ted 8 ?nter the rate exem/ted
and not the loer rate as
/er the certificate" (3ormal
rate 6 rate as /er
certificate)
?xm/t" reason ?xem/tion reason 8 ?nter the reason as /er
the certificate
?xem/t from ?xem/tion %alidit- 8 ?nter the date from hich
a//lica!le" Usuall- it is the
date on hich -ou ha%e
recei%ed the certificate
?xem/t to ?xem/tion %alidit- 8 ?nter the date u/to hich
the certificate is %alid
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 3 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
74- TDS in transactions
TDS ill !e deducted !- the s-stem !ased on the tax t-/es and tax codes maintained in the
%endor master" The /rocess of TDS deduction is ex/lained in all the user manuals herein
the rele%ant !usiness /rocesses ha%e !een ex/lained"
$A'TI()* P,EASE E)TER +'SI)ESS P,A$E A)D SE$TI() $(DE I)
A,, T%E TRA)SA$TI()S
Folloing !usiness /laces and section codes ha%e !een defined in the s-stem,
$o9pan8
$ode
+usiness Area +usiness Place Section $ode
;/// D292 D292 D292
D29< D29< D29<
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 4 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
D29E D29E D29E
D<92 D<92 D<92
D<9< D<9< D<9<
D<9E D<9E D<9E
NOTE: Entering Business Place and Section Code in every transaction
ensures that TDS Certiicates and the !uarterly returns "ill #e
generated rom the System$
-4 <enerate Re9ittance $hallan
Remittance Challan for remitting TDS to the *o%ernment can !e generated in the s-stem"
(ased on this Challan the user needs to enter the information manuall- in the Form used for
remitting the amount to the *o%t"
Start the transaction using the menu /ath or transaction code 12I3C4+3
SAP Eas8 Access 5 =7I,)
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 5 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Dou!le-clic) to start the transaction"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 6 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
?nter information in the fields as s/ecified in the folloing ta!le"
ield )a9e Description R:(:$ 'ser action and 6alues $o99ents
Com/an-
Code
Com/an- code R ?nter the Com/an- Code in
hich -ou ant to create
the remittance challan"
Fiscal Fear Fiscal -ear R ?nter the current fiscal
-ear e"g" <99; for financial
-ear <99;-9G
(usiness
#lace'Section
Code
Section Code R ?nter the rele%ant section
code a//lica!le to the
!usiness area for hich -ou
ant to generate the
challan
User can
also select
multi/le
!usiness
areas
Details o %ithholding Ta& items
Document
3um!ers
Accounting document
num!er
8 Select the range of
accounting document
num!ers
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 7 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
#osting dates #osting dates from and to R ?nter the dates for hich
the remittance Challan is
to !e generated" ?"g"
92"9G"<99; to E2"9G"<99;
Section 8fficial $ithholding tax )e- R ?nter the Income tax
section for hich -ou are
generating the challan
Reci/ient
T-/es
T-/e of reci/ient R ?nter reci/ient t-/e C8@
or 8T@
Tax Re9ittance Details
Document
Date
Document date in the
document
R ?nter toda-Hs date
#osting date Date of /osting the document R ?nter toda-Hs date Defaults
(an) Account *+ Account for the (an)
Account
R Select the chec) issue
clearing account@ for the
rele%ant !an)
(usiness
Area
(usiness Area R ?nter the rele%ant
(usiness Area in hich
-ou ant to ma)e /a-ment
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 8 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Clic) on ?xecute" S-stem ill ta)e -ou to the 8utgoing #a-ment transaction code for ma)ing
/a-ment"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 9 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
#ress ?nter in the su!se7uent screen"
In the #ost 8utgoing #a-ments #rocess 8/en Item screen clic) on select all !utton and clic)
on Acti%ate items" All the items in the screen ill get selected for the rele%ant !usiness area"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 10 ' 23
Click on
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
In the #ost 8utgoing #a-ments Dis/la- 8%er%ie@ screenI clic) on *oto First Item to
enter the amount /a-a!le from (an)"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 11 ' 23
Select all and clic)
on acti%ate items"
Clic) on 8%er%ie
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
In the #ost 8utgoing #a-ment Correct *'+ account item@ screenI enter J @ instead of Re"2
in the amount field and enter a narration for the transaction"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 12 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
#ress ?nter" The amount /a-a!le ill !e dis/la-ed in the amount field"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 13 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
To chec) the document !efore /osting clic) on Simulate@ or /ress FK" This ena!les -ou to
dis/la- the document on the screen" If re7uired -ou can edit the line items !- using Reset
/ush!utton"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 14 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Sa%e the entr-" The s-stem ill dis/la- the Remittance Challan along ith a message that
Document num!er L M has !een /osted in Com/an- Code L M"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 15 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Clic) on !ac) !utton"
Ta)e a /rint of the remittance challan generated a!o%e or transfer the same to an excel file"
(ased on the a!o%e challanI enter the details manuall- in the challan to !e sent to the (an)"
>4 Issue $hec? &or pa89ent o& the TDS a9ount
Start the transaction using transaction code $%;4
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 16 ' 23
Total tax - (asic N ?du
Cess N 4S Cess Inc"
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
?nter information in the fields as s/ecified in the folloing ta!le"
ield )a9e Description R:(:$ 'ser action and 6alues $o99ents
#a-ment
Document
no"
Document num!er
R
?nter the TDS /a-ment
document num!er"
+ast num!er
ill !e
defaulted !-
the s-stem
#a-ing
Com/an-
Code
Com/an- Code
R
Select the com/an- code Defaults for
the /a-ment
document
Fiscal Fear Fear R Current fiscal -ear Defaults
$hec?
4ouse (an) 4ouse (an) R Select the house !an) for
hich the
Defaults
current
/eriod
Account ID
Document header text
8
?nter the reference of the
/a-ment re7uest
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 17 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Chec) num!er Account or .atch code R ?nter the &endor code
#ress ?nter"
In the su!se7uent Create Chec) Information@ screen enter the #a-eeHs nameO e"g" Fourself
for TDS"O #lace and Countr-"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 18 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Sa%e the document" S-stem ill dis/la- message Chec) LCom/an- CodeM L4ouse (an)M
LAccount IDM LChec) num!erM created manuall-"
.4 "anual Re9ittance $hallan
(ased on the Remittance challan generated in the s-stem and the chec) created a!o%e
/re/are the Remittance challan manuall- and de/osit the same in the !an)"
;4 'pdate +an? $hallan )u9@er
?nter transaction code 12I+3@ to go to the India +ocali0ation .enu"
Use the folloing /ath for u/dating the (an) Challan details"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 19 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 20 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
?nter the folloing information in the a!o%e screen"
ield )a9e Description R:(:$ 'ser action and 6alues $o99ents
Com'any details
Com/an-
Code
Com/an- Code
R
?nter the Com/an- Code
Fiscal Fear
R
?nter current Fiscal -ear
(emittance Challan
Challan
Clearing
3um!er
Accounting document
num!er
R
Select the /a-ment
document num!er against
hich the !an) challan
details are to !e entered
Internal
Challan
num!er
Internal Remittance Challan
generated in the s-stem R
$ill !e defaulted for the
a!o%e /a-ment document
num!er
Internal
Challan date
Internal Remittance Challan
date R
$ill !e defaulted for the
a!o%e /a-ment document
num!er
Ban) Challan
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 21 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
(an) Challan
3um!er
Ac)noledged num!er !-
the !an) on the challan
R
?nter the num!er
mentioned on the
remittance challan
Used for
TDS certif"
and Annual
Return
(an) Challan
date
Challan date
R
?nter the date as /er the
challan
(an) )e-
4ouse (an) )e-
R
?nter the (an) >e-
#ress ?nter and ?xecute"
The s-stem ill dis/la- message that (an) Challan u/dated@"
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 22 ' 23
Title User manual for TDS Remittance
Challan
mySAP Version ECC 6.0
SAP Finance FI- Financial Accounting
RA-I-SE
Result
Fou ha%e remitted Tax Deducted at Source to the *o%ernment"
$o99ents
3o comments
$A'TI() * E)TER +'SI)ESS AREA I) A,, TRA)SA$TI()S
-./012/314doc #ersion* 9
,ast "odi&ied* 2:'9;'<99:
#age 23 ' 23