Financials for India - EBS (MOSC)

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TDS process in INdia Receivables

edited Jul 24, 2012 6:40PM in Financials for India - EBS (MOSC) 2 commentsAnswered
There is customer , we have to make a interest payment to them.

at the same time TDS should deduct from the amount.

How we can do this scenario.

Ex.

Customer ABC

Interest should payable to Customer 10,000/-

For this TDS should apply 10% (For Example)

Hence finally 9,000 should pay to customer and 1,000 should deduct for Income tax authority.

How to implement in AR. Pleas suggest me

Thanks & Regards

srinivasarao.kalva

+919922990945

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