FI CIN User Manual V1

SAP 4.
6C Implementation - Kennametal Widia India
COUNTRY INDIA VERSION (CIN)
FINANCIAL ACCOUNTING
USER DOCUMENT
FI CIN User Document V1.0 1 of 38

SAP 4.6C Implementation - Kennametal Widia India
Table of contents
1 MASTER DATA 4
1.1 Vendor Master (Withholding Tax Data) 4
2 TRANSACTIONS 5
2.1 Entering Vendor Down Payments 5
2.2 Entering Vendor Invoices 6
2.3 Clear Invoices Against Down Payments 9
3 REMITTANCE OF WITHHOLDING TAX 10
3.1 Creating Remittance Challans 11
3.2 Canceling Remittance Challans 13
3.3 Entering Bank Challans 13
3.3 Entering Bank Challans 14
3.4 Print Vendor Withholding Tax Certificates 14
3.4 Print Vendor Withholding Tax Certificates 15
3.5 Reprint Vendor Withholding Tax Certificates 15
3.5 Reprint Vendor Withholding Tax Certificates 16
3.6 Cancel Vendor Withholding Tax Certificates 16
3.6 Cancel Vendor Withholding Tax Certificates 17

4 WITHHOLDING TAX INFORMATION SYSTEM 18
5 ANNUAL RETURNS 20
6 JOURNAL VOUCHERS TDS 22
7 SALES TAX REGISTER 24
8 REMITTANCE OF EXCISE DUTY. 25
9 CENVAT ADJUSTMENT POSTINGS 27
9.1 Making Adjustment Postings for Scrap 29
9.2 Making Adjustment Postings for Materials Not Used in Production 30
9.3 Making Adjustment Postings for Additional Excise Paid by Vendors 31
9.4 Making Adjustment Postings for Money Transferred to PLA 32
9.5 Canceling Excise Invoices 33
9.6 Making Adjustment Postings for Other Transactions 34
9.7 Assigning Excise Invoices to Line Items 35
9.8 Specifying Which CENVAT Accounts to Adjust 36
10 Transaction Codes for TDS (Extended Withholding Tax) 37

1 Master Data
1.1 Vendor Master (Withholding Tax Data)
The part of the vendor master record where you record information about which taxes you have to
withhold from payments to a vendor.
To access the vendor master, from the SAP Easy Access screen, choose Accounting -> Financial
Accounting -> Accounts Payable -> Master Records -> …
Transaction Code: FK01/FK02
Enter the withholding tax types and withholding tax codes that the vendor is liable to, and for each entry,
enter the recipient type, depending on whether the vendor is a legal person or a natural person.

2 Transactions
2.1 Entering Vendor Down Payments
When you enter a vendor down payment in Accounts Payable (FI-AP), you follow the standard procedure
and, in addition, you:
Assign the down payment to the correct business place and section code.
Calculate any withholding tax required
From the SAP Easy Access screen, choose Accounting -> Financial Accounting -> Accounts
Payable -> Document Entry -> Down Payment -> Down Payment.
Transaction Code: F-48
On the Header Data screen, enter the header data as required and choose
On the Add Vendor Item screen, enter data as required, including:
Bus. Pl. (Business Place): The business place handling the down payment eg BN01
Section Code: Section Code handling the down payment. Eg. BN01
Save the down payment
The system creates an accounting document with the appropriate withholding tax items. It enters the
business place and section in each vendor item and each withholding tax item.

2.2 Entering Vendor Invoices
When you enter a vendor invoice in Accounts Payable (FI-AP) or logistic invoice verification, you follow
the standard procedure and, in addition, you assign the invoice to the appropriate business place and
section code.
Enter the header data as required, including:

Bus. Place/Sectn: Your business place BN01.
Section Code: Your Section Code BN01.
Enter other data and save the invoice.
System creates an accounting document with the necessary withholding tax items (including surcharges)
Assigns all vendor items and withholding tax items to the business place that you have entered
Assigns each withholding tax item a tax due date, which it enters in the Value Date field (which is not
shown on the user interface)
Note.
If withholding tax code related to payment appearing during invoice processing, remove all the
withholding tax code related to payment. In case of invoice verification using enjoy SAP screen for
example FB60 or MIRO go to withholding tax tab and remove withholding tax code related to payment.
Withholding tax related to payment will be used during down payment to the vendor.
Next month, you must:

Remit the withholding tax
The system automatically selects which withholding tax items need to be remitted on the basis of their tax
due date.
Create a withholding tax certificate for the vendor
If you post the wrong amount of tax or you have posted the tax using the wrong official withholding tax
key, you can enter a journal voucher to reverse the posting.

FI Invoice processing using F-43 transaction code.

Logistic Invoice Verification using MIRO.

2.3 Clear Invoices Against Down Payments
If you withhold tax on a vendor down payment, and the vendor then sends you an invoice, you have to
clear the withholding tax when you have entered the invoice.
When you clear an invoice against a down payment for an Indian company code, the system clears the
withholding tax automatically, if the company code is located in India.
Enter invoice document number in the header screen.
Important Customizing Note
In order for the tax to be cleared correctly, you must post the down payments using: A withholding tax
type that is marked as Central Inv. Prop. (Central invoice proportionate)
A withholding tax code that uses the posting indicator 1 (Standard posting: bank/vendor/customer line
item reduced)
If you use either of the other two methods, the adjustment will be made against the offsetting account
instead of the vendor account.
Make sure that the withholding tax codes you use when you enter the down payment and the invoice are
assigned to the same official withholding tax key (income tax section code), otherwise the clearing
program will not let you clear them.
Once you have posted the vendor invoice, clear the down payment against it.
To access the function, from the SAP Easy Access screen, choose Accounting ->Financial
Accounting -> Accounts Payable -> Document Entry -> Down Payment -> Clearing.

3 Remittance of Withholding Tax

You are required to follow a specific procedure when remitting withholding tax to the authorities.
Process Flow
When the time comes to remit a given sort of tax, create a remittance challan.
The system creates an accounting document to transfer the withholding tax items to the appropriate bank
account.
You send the challan to your bank with a check for the appropriate amount.
After a few days, the bank sends you a bank challan to confirm that it has received your check.
You enter the bank challan in the R/3 System.
When you do so, the program records the bank challan number in every withholding tax item remitted.
This information may be required in order to substantiate your accounts.

3.1 Creating Remittance Challans
To access the programs, from the SAP Easy Access screen, choose transaction code J1ILN, CIN
transaction menu will appear. Use menu path SAP menu-> Direct Taxes-> Extended Withholding Tax-
> Vendor Challan-> J1INCHLN – Post.
1. On the selection screen, enter the following data:

Organizational data, such as company code and business place (tax office)
Which withholding tax items you want to remit
Posting and due dates
Bank code - From where payment going to be made.
2. Choose Document Number.

The system calls the standard outgoing payment program, which presents you with a selection of tax line
items for clearing.
To make it easier for you to select the open items, you can create a line layout that includes the following
fields:
Value Date (tax due date)
Business Place (tax office)
Reference Key 3 (tax code and recipient type information)
Text (information on down payment clearing tax transfer)
3. Activate the items that you want to remit and make a note of the total in the Assigned field.
4. Choose Overview
The system displays an overview of the line items created so far, including any bank charges that you
have entered, and an offsetting posting to deduct your bank account.
5. Double-click the credit entry for your bank account.
Change the amount so that it matches the total line items (from step 3) plus the bank charges.
7. Choose Document -> Simulate.
The system goes back to the line item overview.
10. Save the document.
The program displays a list with the details of the challan numbers generated and the tax remitted. Basic
withholding tax and surcharges are listed separately.


3.2 Canceling Remittance Challans
If for any reason an error occurs when you create a remittance challan, you use this function to cancel the
challan and reverse the accounting document. This function does not work, however, if you have
already entered the bank challan.
> Vendor Challan-> J1INREV - Reverse.
Specify which accounting document you want to reverse. This is the accounting document that the
system created when you created the remittance challan.
The system prompts you to specify what sort of reversal you want to make.
Choose Resetting and Reverse.

Enter a reversal reason and choose
The system displays two dialog boxes, one with the number of the document posted. After you have
closed the dialog box, you go back one screen to display a list of the documents that you have reversed.
The system cancels the remittance challan. Creates an accounting document to reverse the postings
made when you create the remittance challan

3.3
3.4 Entering Bank Challans
When the bank sends you a bank challan, you enter the bank challan in the system. The system stores
the bank challan number in all remitted withholding tax items by way of proof that you have remitted the
tax.
transaction menu will appear. Use menu path SAP menu-> Direct Taxes-> Extended Withholding Tax->
Vendor Challan-> J1INBANK - Update Bank Challan Number
Enter data as required, including:

Organizational data, such as your company code
Remittance challan number
Bank challan details
House bank code
Choose Execute.
The system Records the bank challan details in the remitted withholding tax items. This information will
be included in the vendor withholding tax certificates when you print them. Displays a list of the updated
items.

3.5
3.6 Print Vendor Withholding Tax Certificates
You use this program to print out withholding tax certificates for vendors.
Vendor Certificate -> J1INCERT – Print
On the selection screen, enter the following data:

Organizational information, for example, your company code
The business place and official withholding tax key that you want to create forms for
Details of the bank challans that you want to cover
Information that is to appear on the certificates
Output
The program:
Prints out the certificates, numbered consecutively
Displays a list of all the certificates printed, grouped by certificate, challan, and business place

3.7
3.8 Reprint Vendor Withholding Tax Certificates
You use this program to reprint withholding tax certificates for vendors.
Note that you can only reprint one certificate at a time, and that you cannot reprint withholding tax
certificates for customers.
> Vendor Certificate -> J1INREP – Reprint
On the selection screen, enter data as follows:

The company code
The number and date of the original certificate

3.9
3.10 Cancel Vendor Withholding Tax Certificates
You use this program to cancel withholding tax certificates for vendors.
Note that you cannot cancel withholding tax certificates for customers.
> Vendor Certificate -> J1INCANC - Cancel
Selection
On the selection screen, enter the following data:
Company code
The number and date of the original certificate

4 Withholding Tax Information System

You use this report to gather information relating to the withholding tax transactions that you have carried
out. You can also use it for carrying out pending transactions like challan updates, bank challan updates,
and certificate printing. You can display the individual documents (invoices, down payments, challan
clearing documents) pertaining to withholding tax transactions. You can run this report at any stage in the
withholding tax cycle in order to obtain the necessary information.
> Information System -> J1INMIS - Withholding Tax
On the selection screen, enter the selection criteria as required and specify which report you want:
Challan Update Status
Displays a list of all documents involving withholding tax. For each document, it shows the tax amounts
and whether or not the tax has been remitted.
Bank Challan Status

Displays the bank challan update status (whether carried out or not) of all transactions for which challan
updates have been carried out.
Certificate Status
Displays the transaction details for which bank challans have been updated. It shows whether or not a
certificate has been issued for the transaction.
Consolidated Report
Lists all documents involving withholding tax.
Each report contains functions for processing the documents in the list, as follows:
In the Challan Update Status report, you can create a remittance challan for various documents: Select
the documents that you want to remit the tax on and choose Challan Update. The system takes you to the
Create Remittance Challans program, which you then execute. However, you can only process
documents for one withholding tax section at a time.
In the Bank Challan Status report, you can enter a bank challan: Select the documents (in this case
identified by the internal challan numbers) that you have been sent a bank challan for and choose Bank
Challan Update. The system takes you to the Enter Bank Challans program, which you then execute.
However, you can only a single internal challan at a time.
In the Certificate Status report, you can print withholding tax certificates: Select the documents that you
want to print a certificate for and choose Certificate Printing. The system takes you to the Print
Withholding Tax Certificates program. However, you can only process documents for one withholding tax
section at a time.


5 Annual Returns -TDS

You use this report to prepare annual withholding tax returns.
Annual Returns -> J1INAR - Annual Return
Prerequisites
Extended Withholding Tax
You have assigned all your vendors the appropriate recipient types.
For section 194 C, you have assigned each withholding tax code to a type of company
When you enter the business place and choose, the system fills out the Tax Deduction Account Number
and the Address Details group boxes automatically. This information will be printed on the return.
Tax Deduction Account Number, Address Details
Enter your company's TAN and address. This information will be printed on the return.
If you have migrated from Classic TDS to Extended Withholding Tax during the course of the fiscal year,
fill out all of the group boxes.
The report prepares the output in the prescribed format, depending on which section of the Income Tax
Act the return covers, and which


6 Journal Vouchers TDS

If, after you have entered and cleared a vendor invoice and you have discovered that you have posted
the wrong amount of tax or that you have posted the tax using the wrong official tax key, you have to
enter a journal voucher (JV) to correct the error.
> Adjust -> J1INJV - Post Vendor JV
You only need to create JVs to adjust withholding tax items and vendor items that you have already
cleared. Otherwise, you can reverse the original document using the generic functions.
You do not need to adjust a tax item if you have already issued a withholding tax certificate for it and the
vendor has accepted it, since, in this case, the vendor can use this certificate to claim a refund from the
tax authorities.
When you enter a journal voucher, the system creates an accounting document as follows:
Type of change Debit Credit
Tax refund to vendor (tax already remitted) Loss account Vendor account
Tax refund to vendor (tax not yet remitted) Tax payable account Vendor account
Tax increase, payable by vendor Vendor account Tax payable
If you have already remitted the tax to the tax office and you change the tax code so that it uses a
different official withholding tax key, the system makes a second posting to correct the tax under the right
tax key. This posting debits the loss account and credits the tax expense account.


7 Sales Tax Register

You use this report to see how much tax has been accumulated under the various tax codes and for a
combination of conditions.
You can also report how much input sales tax has been set off against the outputs. This report also can
serve as the basis of determining your local sales volume and central sales volume.
transaction menu will appear. Use menu path SAP menu -> Indirect Taxes -> Registers -> Sales Tax ->
J1I2 - Sales Tax Register
On the selection screen, fill out the following data:

Organizational data
General selections
Specify which documents you want the report to cover. If you need more selection criteria, use the
dynamic selection fields.
General selection
Specify which taxes you want the report to cover. You can report either central sales tax or local sales tax
by choosing a combination of ship-from and ship-to locations.
If you want to restrict the selection to specific locations, fill out the Ship-from and Ship-to fields.

8 Remittance of Excise Duty.

You use this report to calculate how much excise duty you must remit to the authorities. Legislation
requires you to remit excise duty monthly: for all the goods issues during the month. You are allowed five
days to remit the excise duty.
Once the report has determined how much you have to pay, it allows you to specify where the money
should be paid from – whether it should be deducted from the CENVAT credits that you have
accumulated, or whether it should be deducted from the personal ledger account (PLA).
transaction menu will appear. Use menu path SAP menu -> Indirect Taxes -> Sales / Outbound
Movements -> J2IU - Fortnightly Payment.
On the selection screen, enter data as required:

Organizational data (in the General data group box)
Posting date for the CENVAT payment, if it is different from the run date
The period to be covered by the report (for example, 1–31 January)
To display a list of all the excise invoices whose excise duty you have not yet remitted, choose Display
pend. invoices. To display a list of only the excise invoices for a given period, enter the period in the
Period fields, select Select pending inv. for period, and choose Display pend. invoices. You can also
print the list of pending invoices. To display the last date when tax was remitted, choose Display last util.
date (Display last utilization date).
For each sort of excise duty, the system shows you:

How much you have to remit (Amounts payable group box)
How much credit you have at your disposal on the appropriate CENVAT account (Available balances)
This figure is equal to the credits on the CENVAT account less the minimum balance.
How much credit you have on the CENVAT accounts (G/L account balances)
You now have to specify which accounts can be used to utilize the duty amount. In the Balance Utilization
group box, the system proposes how much money should be taken from which accounts. You can
overwrite these fields if you want, and choose to refresh the display. For a list of excise invoices that are
considered for the CENVAT payment, choose Display excise invoices. You can print the list and use it as
an annexure. When you have finished, save your entries. The system then:
Creates an accounting document that:
Credits the CENVAT clearing account to remove the excise duty owed
Debits the accounts from which the excise duty is to be paid
Updates the Part II register


9 CENVAT Adjustment Postings

You use these functions if you need to make an adjustment posting to any of your CENVAT accounts. You
can make adjustment postings to account for:
 Scrap Materials that you have not used in production

 Additional excise paid by vendors
 Money that you have transferred to your personal ledger account
 Other transactions
 You can also use this function to cancel excise invoices.
Each of the different types of adjustment postings are documented separately. However, they all work on
the same principle, as follows.
Reference Document
On the initial screen of the transaction, you specify the reference document, that is, the document which
the adjustment posting is to refer to – either an internal document, such as a material document or a
subcontracting challan – or an external document, such as an incoming excise invoice.
You also specify which registers are affected by the posting. In many cases, the adjustment will have to
be remitted to the authorities on a fortnightly basis. The adjustment will then be included when you run the
Remittance of Excise Duty Fortnightly report. If the adjustment has to be remitted immediately, you
specify which register is affected.
Excise Details
When you proceed to the detail screen, the system automatically shows the line items from the reference
document, if it is an internal document. You specify how much excise duty is to be adjusted and which
CENVAT accounts the adjustment posting is to be made to.
When you edit the excise details, there are a number of functions that are available, depending on the
type of adjustment posting:
 Assigning excise invoice to line items
 Specifying which G/L accounts are to be adjusted
 Displaying balances of CENVAT accounts
 When you save your changes, the system creates an accounting document to make the
appropriate postings.


9.1 Making Adjustment Postings for Scrap
You follow this procedure if you have scrapped a material and want to reverse the excise duty debited to
your CENVAT account.
From the SAP Easy Access screen, choose Indirect Taxes -> Excise JV -> Create -> Matl write-off.
 Enter data as required, including:

 Document number
 Enter the number of the document that you used to scrap the material.
 CENVAT account selection group box
 Specify which account is affected by the adjustment posting is for. If the posting does not have to
be remitted immediately, select Fortnightly payment.
Choose Continue.
The system displays the information from the material document.

Adjust the posting date as necessary.
Adjust the excise duty for each line item either:
Manually
By assigning the line item to an excise invoice
Specify which G/L accounts are to be posted to.
Save the adjustment posting.

9.2 Making Adjustment Postings for Materials Not Used in Production
You follow this procedure if you have not used a material in the production process and want to reverse
the excise duty debited to your CENVAT account.
From the SAP Easy Access screen, choose Indirect Taxes -> Excise JV -> Create -> Matl non-prod.

 Document number
Enter the number of the material document that the adjustment posting is to refer to.
 CENVAT account selection group box
Specify which account is affected by the adjustment posting is for. If the posting does not have to be
remitted immediately, select Fortnightly payment.
Choose Continue.

Adjust the excise duty for each line item either:
Manually
By assigning the line item to an excise invoice

9.3 Making Adjustment Postings for Additional Excise Paid by Vendors
You follow this procedure if a vendor has increased the amount of excise duty that it originally charged
you and you want to debit the difference to your CENVAT account.
From the SAP Easy Access screen, choose Indirect Taxes  Excise JV  Create  Additional excise.
Enter data as required.

In the Document number field, enter then number of the document sent to you by the vendor.
Choose Continue.

Enter the amount of excise duty in either of the following ways:
To enter line items for different materials and the excise duty accordingly, choose and enter the line
items in the table.
To enter the excise duty only, choose continue the excise duty in the totals fields at the foot of the screen.
If the duty qualifies as countervailing duty (CVD):
Select CVD applicable.
Enter the CVD amount in the BED amount field.

9.4 Making Adjustment Postings for Money Transferred to PLA
You follow this procedure to make an adjustment posting when you transfer money to your personal
ledger account (PLA).
Prerequisites
You have already transferred the money to your PLA at the bank debiting PLA on hold account, TR6
challan, and have posted the corresponding accounting document.
From the SAP Easy Access screen, choose Indirect Taxes -> Excise JV -> Create -> TR6 challan.
Enter data as required, including the document number.

You can enter either the challan number or the number of the accounting document.
Choose Continue.
If you entered the accounting document number, the system displays the information from it.
Enter the amounts against the accounts that you require.

9.5 Canceling Excise Invoices
You follow this procedure in order to cancel an outgoing excise invoice. It reverses any excise duty
accounted for.
Procedure
From the SAP Easy Access screen, choose Indirect Taxes -> Excise JV -> Create -> Cancel exc. inv. or
Indirect Taxes -> Sales and Outbound Movements -> Excise Invoice
Create/Change/Display .
Enter the number, year, and series group of the excise invoice that you want to cancel.
A dialog box appears.
Choose Yes.

9.6 Making Adjustment Postings for Other Transactions
You follow this procedure if you want to make an adjustment posting that does not fall into any of the
other categories of adjustment offered by this function. You can only use an external document as your
reference document.
From the SAP Easy Access screen, choose Indirect Taxes  Excise JV  Create  Other adj.
Document number
Enter the number of the external document that you want to refer to.
CENVAT account selection group box
Specify which account is affected by the adjustment posting is for. If the posting does not have to be
remitted immediately, select Fortnightly payment.
Choose Continue.
Enter the amount of excise duty in either of the following ways:
To enter line items for different materials and the excise duty accordingly, choose and enter the line items
in the table.
To enter the excise duty only, choose and enter the excise duty in the totals fields at the foot of the
screen.

9.7 Assigning Excise Invoices to Line Items
When you make an adjustment posting, you follow this procedure if you want to specify the original
excise invoice associated with a line item.
Select the line item that you want and choose Get excise invoice.
The system displays a list of all the excise invoices that you have posted from this vendor for this
particular material.
Select the excise invoice that you want and choose .

The system:
Enters the excise invoice document number in the Ref. doc. field (Reference document).
Calculates how much of the excise duty from the excise invoice should be apportioned to the line item
and enters it in the excise duty fields.
If you then overwrite these amounts, you should also overwrite the reference document number with an
explanatory text, since there is no point in maintaining the link to the reference document anymore.
You have a line item with ten plates of glass that you have broken and are to be scrapped. You have three
excise invoices from the same vendor to choose from. You pick one for 20 plates of glass with BED at
INR 200. The system automatically apportions INR 100 to the line item that is to be reversed.

9.8 Specifying Which CENVAT Accounts to Adjust
When you make an adjustment posting, you have to specify which CENVAT accounts are to be adjusted.
Prerequisites
You have specified whether you want the users to be able to add extra debit accounts in Customizing for
Logistics – General, by choosing Taxes on Goods Movements -> India -> Basic Settings -> Maintain
Company Codes.
Choose Determine G/L accounts.

A dialog box appears that shows how much will be posted to which G/L accounts. The accounts that are
displayed depend on the excise group and the CENVAT account that you entered on the selection screen.
Add another account, if you need to, and adjust the other postings so that the credits and debits match.
Enter a business area and cost center, if necessary.

10 Transaction Codes for TDS (Extended Withholding Tax)
Transaction code Action
J1INJV Enter journal vouchers
J1INPR Enter provisions for taxes on services received
J1INUT Reverse provisions for taxes on services received
J1INCHLN Create remittance challans
J1INREV Reverse remittance challans
J1INBANK Enter bank challans
J1INCERT Print withholding tax certificates for vendors
J1INREP Reprint withholding tax certificates for vendors
J1INCANC Cancel withholding tax certificates for vendors
J1INCC Print withholding tax certificates for customers
J1INCUST Enter withholding tax certificates from customers
J1INAR Prepare annual returns
J1INMIS Withholding Tax Information System


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SAP 4.

6C Implementation - Kennametal Widia India

COUNTRY INDIA VERSION (CIN)

FI CIN User Document V1.0 1 of 38

1.1 Vendor Master (Withholding Tax Data) 4

2.1 Entering Vendor Down Payments 5

2.2 Entering Vendor Invoices 6

2.3 Clear Invoices Against Down Payments 9

3 REMITTANCE OF WITHHOLDING TAX 10

3.1 Creating Remittance Challans 11

3.2 Canceling Remittance Challans 13

3.3 Entering Bank Challans 13

3.3 Entering Bank Challans 14

3.4 Print Vendor Withholding Tax Certificates 14

3.4 Print Vendor Withholding Tax Certificates 15

3.5 Reprint Vendor Withholding Tax Certificates 15

3.5 Reprint Vendor Withholding Tax Certificates 16

3.6 Cancel Vendor Withholding Tax Certificates 16

3.6 Cancel Vendor Withholding Tax Certificates 17

FI CIN User Document V1.0 2 of 38

4 WITHHOLDING TAX INFORMATION SYSTEM 18

6 JOURNAL VOUCHERS TDS 22

7 SALES TAX REGISTER 24

8 REMITTANCE OF EXCISE DUTY. 25

9 CENVAT ADJUSTMENT POSTINGS 27

9.1 Making Adjustment Postings for Scrap 29

9.2 Making Adjustment Postings for Materials Not Used in Production 30

9.3 Making Adjustment Postings for Additional Excise Paid by Vendors 31

9.4 Making Adjustment Postings for Money Transferred to PLA 32

9.5 Canceling Excise Invoices 33

9.6 Making Adjustment Postings for Other Transactions 34

9.7 Assigning Excise Invoices to Line Items 35

9.8 Specifying Which CENVAT Accounts to Adjust 36

10 Transaction Codes for TDS (Extended Withholding Tax) 37

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1.1 Vendor Master (Withholding Tax Data)

Transaction Code: FK01/FK02

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2.1 Entering Vendor Down Payments

Transaction Code: F-48

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2.2 Entering Vendor Invoices

Enter the header data as required, including:

Next month, you must:

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2.3 Clear Invoices Against Down Payments

Enter invoice document number in the header screen.

Important Customizing Note

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3 Remittance of Withholding Tax

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3.1 Creating Remittance Challans

1. On the selection screen, enter the following data:

2. Choose Document Number.

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3.2 Canceling Remittance Challans

Choose Resetting and Reverse.

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3.4 Entering Bank Challans

Enter data as required, including:

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