Maintaining TDS Remittance Information

Select the “Maintain TDS Remittance Information” in the “AP Statutory Extension” business component.

The “Maintain TDS Remittance Information” page appears.

Enter the following field in the “Remittance Information” section:

Remittance Req. #

The number specifying the TDS Remittance request. Mandatory.

The system displays the following fields:

Remittance Req. Date	The date of the TDS Remittance request.
Status	The status of the TDS Remittance Request, which could be “Fresh”, "Authorized" or “Deleted”.
Financial Year	The code identifying the financial year for which you want to create TDS Remittance request.
Finance Book	The code identifying the finance book in which the posting is made.
Numbering Type	Use the drop-down list box to select the numbering type for creating TDS Remittance. The system lists all the ‘active’ numbering types defined in the “Document Numbering Class” business component.
Tax Class	Indicates whether the tax is applicable to goods or services.

Enter the following field :

Remittance Req. Category

Use the drop-down list box to specify the category of the Remittance Request. The system lists all the active Quick Codes that are mapped to the Remittance Request Category.

Enter the following fields in the “Search Criteria” section:

Company	Use the drop-down list box to specify the login OU company code. The system lists all the “active” company codes mapped to the login OU.
Finance Book	Use the drop-down list box to select the finance book. The system lists all the finance books as defined in the “Organization Setup” business component for the login organization unit. The system displays the first Finance Book available in ascending order, by default.
Tax Type	Use the drop-down list box to specify the type of statutory regulation / type applicable for the organization. The system lists the option ‘TDS’ and displays the same, by default.
Financial Year	Use the drop-down list box to select the code identifying the financial year. The system lists all the financial years defined for the finance books mapped.
Financial Period	Use the drop-down list box to specify the period corresponding to the financial year selected. The system lists all the financial periods that have been defined for the selected year. The system defaults the last completed financial period by default in this field.
Tax Class	Use the drop-down list box to indicate whether the tax is applicable to goods or services. The system lists all the user defined codes to identify the Tax information as required by the respective country regulations.
Transaction Date from	The starting date in the range of dates from which the transaction details must be retrieved.
Transaction Date to	The ending date in the range of dates until which the transaction details must be retrieved.

Click the “Search” pushbutton to retrieve the documents in which the selected TCD with selected Tax class has been applied.

The system displays the following fields in the “Return Remittance Details” multiline:

Doc. Type	The type of the document.
Doc. #	The number identifying the document.
Status	The status of the document.
Supplier #	The code identifying the supplier.
Supplier Name	The name of the Supplier.
Doc. Date	The date on which the document is raised.
Doc. Curr.	The currency in which the document is created.
Doc. Amt. (Doc. Curr.)	The amount for which the document is raised in document currency.
Doc. Amt. (Base Curr.)	The amount for which the document is raised in base currency.
Interest Amt.	The Interest Payable amount of the document.
TCD Curr.	The code identifying the currency in which the taxes, charges or discount details have been calculated.
Taxable Amt. (Base Curr.)	The amount for which the tax, charge or discount has been calculated for the document.
Tax Amt. (Doc. Curr.)	The total amount that has been calculated as tax in document currency.
Tax Amt. (Base Curr.)	The total amount that has been calculated as tax in base currency.
TCD #	The code identifying the TCD.
TCD Desc.	The textual description of the TCD.
TCD Variant #	The variant of the TCD.
TCD Variant Desc.	The description of the TCD Variant.
Tax Class	Indicates whether the tax is applicable to goods or services.
Tax Rate	The rate of the tax.
Finance Book	The code identifying the finance book in which the posting is made.
Exchange Rate	The exchange rate for tax accounting.

Enter the following fields in the “Return Remittance Details” multiline:

User Defined – 1	Any additional details pertinent to the return remittance.
User Defined - 2	Any additional details pertinent to the return remittance.
User Defined - 3	Any additional details pertinent to the return remittance.

Click the “Compute” pushbutton to compute the interest for the selected document.
Enter the following field:

Interest Amount

The Total of Interest Payable for all the documents in the multiline.

The system displays the following field:

Total Amount Payable

Total Amount Payable=Tax Amount (Base Curr.) + Interest Amount

Enter the following in the “Payment Information” group box:

Payment Processing Point	Use the drop-down list box to specify the code identifying the organization unit in which the payment for the document must be released. The system displays the login organization unit, by default.
Payment Priority	Use the drop-down list box to select the priority to be accorded to the document. The system lists the values ‘High’, ‘Medium’ and ‘Low’. The system displays the value ‘High’, by default.
Pay Currency	Use the drop-down list box to specify the currency in which the document is created. The system lists all the currencies that have been mapped to the “Payables Accounts” in the “Account Rule Definition” business component. The system displays the base currency of the company by default on launch of the page if it has been mapped to a “Payables Account”.
Payment Mode	Use the drop-down list box to specify the mode of payment. The system lists the values ‘Check’, ‘Demand Draft’, ‘Direct Debit’ and ‘Credit card’. The system displays the value ‘Direct Debit’, by default.
Payment Route	Use the drop-down list box to specify the payment route. The system lists the values ‘Cash’ and ‘Bank’. The system displays the value ‘Bank’, by default.
Bank/Cash #	Use the drop-down list box to specify the Cash and Bank Codes. The system lists all the cash and bank codes that are mapped to the Company Code.
Payee	The name of the supplier to whom the payment is to be made.
Payment Instructions	The comments recorded for the pay reference ID in the “Supplier" Information component.
User Defined – 1	Any additional details pertinent to the payment.
User Defined – 2	Any additional details pertinent to the payment.
User Defined – 3	Any additional details pertinent to the payment.

Click the “Save” pushbutton to save the remittance request information.
Click the “Save and Authorize” pushbutton to save and authorize the remittance request.

Note: The Sundry Payment Voucher will be generated on authorization.

Click the “Delete” pushbutton to delete the remittance request.

The system displays the following fields in the “Voucher Information” group box:

Payment Voucher # / Status	The number identifying the payment voucher and the status of the payment voucher.
Voucher Date	The date on which the adjustment voucher was raised.
Voucher Amount	The amount of the voucher.

To proceed, carry out the following:

Select the "Print Check" link at the bottom of the page to record check information and issue checks.
Select the "Direct Debit" link at the bottom of the page to record the direct debit details.
Select the "Accounting Information" link at the bottom of the page to view the account posting Information.
Select the "Upload Documents" link at the bottom of the page to upload the required documents.
Select the "View Associated Doc. Attachments" link at the bottom of the page to view the associated documents.

The system displays the following fields in the “Record Statistics” group box:

Created by	The login ID of the user who created the remittance request.
Created Date	The date on which the remittance request was created.
Last Modified by	The login ID of the user who last modified the remittance request.
Last Modified Date	The date on which the remittance request was last modified.