Financials for India - EBS (MOSC)

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TDS on NON INR functional Currency

edited Apr 17, 2016 5:00AM in Financials for India - EBS (MOSC) 1 commentAnswered

Hi,

We have a client who is setting up a company in SEZ in INDIA. They want functional currency in USD. There will be cases where they will have supplier invoices in INR. In such cases, they will have to deduct TDS on those invoices.

My question is Does India Localization functionality work on Functional Currency other than INR?

Currently, we set it up, we are able to select taxes in Global Distribution FF, but TDS invoice is not generated.

Regards
Kaushal

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