SAP Financial Accounting (FI) Taxes (FI-AP/AR) Remittance Challans

Use

When you have remitted the deducted TDS to the government, you are sent a bank challan confirming that payment has been received. The system allows you to record the number of the challan in the invoices from which the TDS had been deducted and paid.

You can also use this function to change the challan number or date later on, if necessary.

Features

To access this report, from the SAP Easy Access screen, choose Accounting ® Financial Accounting ® Accounts Payable ® Withholding Tax ® India ® Withholding Tax ® Enter Remittance Challans.

Selection

The system displays the transactions on which you have withheld TDS. You select the transactions for which you have remitted the TDS, enter the challan details. The system then records the challan number in each of the transactions.

If you need to change a challan number or date, enter the challan number and date that is to be changed.

The actual TDS amount and the surcharge on this TDS amount are shown separately.

To handle cases where the company needs to have many TAN numbers, you can enter the TAN number when you update the challan number. This number will be used subsequently for the certificates.