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Re: Data Migration of Down Payment- Error msg "withholding tax amount exceeds......."

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If the WHT has not been charged on Down payments you posted in Legacy, check the DP entry you are uploading. Suppose you are posting DP of 20000 INR with 2% WHT , then the entry should be like below,

 

 

Vendor A/C DR              20000

     To Bank A/C                19600

     To TDS on Rent A/C        400

 

Please check Vendor master - Withholding tax data for tax details

 

Thanks


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