can we post input taxes during the making of down payment to vendors ex: down

can we post input taxes during the making of down payment
to vendors ex: down payment to vendor is 100000 on this the
input tax is 10000 so we have to pay only 90000 for
calculating like this what procdure we have to do kindly
explain any one

Question Posted / nagesh.k

4 Answers
8751 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

can we post input taxes during the making of down payment to vendors ex: down payment to vendor is..

Answer / nagesh

Hi Kishore could u be specific in ur answer as in spro i
went through options and did settings for input tax clearing
a/c still when i simulate the doc its not being posted
seperately
any one clarify

Is This Answer Correct ?

0 Yes

0 No

can we post input taxes during the making of down payment to vendors ex: down payment to vendor is..

Answer / narender

For witholding tax we can pay at the time of invoice or
payment.we cannot post it at down payment we cannot
bifurcate the document prior to invoice so after receiving
invoice we have to pay the input taxes,

if it is not clear revert to me
naren_ankam@rediffmail.com

Is This Answer Correct ?

2 Yes

2 No

can we post input taxes during the making of down payment to vendors ex: down payment to vendor is..

Answer / g s vijay

Party Account Spl Gl Account (A) A/c Dr 1,00,000

To TDS 10,000

To Bank 90,000

Is This Answer Correct ?

1 Yes

1 No

can we post input taxes during the making of down payment to vendors ex: down payment to vendor is..

Answer / kishore

We can post at tax at the time of downpayment and also at
the time of Invoice. Kindly have a look in to SPRO screen,
there are optins.

Is This Answer Correct ?

1 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What is a statistical key figure (skf)? : co- cost center accounting

0 Answers

I have two companies and each one company having 3 company codes,having each one group chart of account. How can i assing these group chart of accounts and transactional chart of account to all company codes.

6 Answers

Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply

0 Answers

hi can any one tell me as to what are the posting keys for the SALES INVOICE weather it is 01(Dr) and 50(Cr). And various other Posting keys similarly various others like this.

3 Answers

What are substitutions and validations? What is the precedent?

0 Answers

What are the two uses of blocking an account? : fi- general ledger master data

0 Answers

What is a field status group? : fi- general ledger accounting

0 Answers

How do u create the asset exp.I purchase 5 lands. Now I want to post 1 land with 1 account determination and 4 land with 1 account determination. how would you customize this settings in asset accounting?

2 Answers iGate,

In u r Implementation project how to pill up the gaps? tell me some deatiles.

0 Answers HCL,

What is mySAP ERP. How is it different to SAP ERP.

1 Answers Accenture,

Explain the importance of the gr/ir clearing account?

0 Answers

what is IBMS when we define House Bank?

2 Answers IBM,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here