News and Announcements icon

Dynamics 365 CommunityForums Finance | Project Operations, Human Resources, ... TDS calculation on non...

Finance | Project Operations, Human Resources, ...

Suggested answer

TDS calculation on non-resident vendor invoice in foreign currency

(0) Share

Report

Report

Posted on by Laxmi Narayana

134

Dear all,

I have created a vendor Invoice for a foreign vendor (Japan) with amount of 1000 and applied TDS with 10% rate. below are details

Expected values::

Amount (JPY) : 1000 TDS: 100 (1000*10%)

Currency exchange (INR-JPY): 72.3

Amount (INR): 723 TDS: 72.3 (723*10%)

AX posted values::

Amount (JPY) : 1000 TDS: 100 (1000*10%)

Currency exchange (INR-JPY): 72.3

Amount (INR): 723 TDS: 71.6 ()

I have tried but, couldn't find it, Can anyone help me why this difference was came...

Thank you very much

Best Reagards

Laxmi Narayana

All responses Img

All responses (2)

Answers Img

Answers (0)

Suggested answer

Ludwig Reinhard Microsoft Employee on at

Like (0)

Report

RE: TDS calculation on non-resident vendor invoice in foreign currency

Hi Laxmi,

Are you on the very latest AX2012R3 version and have you implemented all necessary hotfixes?

On LCS, there are a number of hotfixes that seem to be related to your issue.

Please check especially:

fix.lcs.dynamics.com/.../Details

and

fix.lcs.dynamics.com/.../Results

Best regards,

Ludwig
Suggested answer

Sumit Loya 2,230 on at

Like (0)

Report

RE: TDS calculation on non-resident vendor invoice in foreign currency

Hi Laxmi Narayana,

It will be difficult to say without analysing the entire voucher, is the date on which TDS is registered in system and the date on which invoice is posted same?

Helpful resources

Quick Links

Leaderboard

#1

André Arnaud de Cal... 294,157 Super User 2025 Season 1

#2

Martin Dráb 232,930 Most Valuable Professional

#3

nmaenpaa 101,158 Moderator

Leaderboard

Featured topics

End-of-life Announcement for Microsoft Dynamics GP

Product updates

Dynamics 365 release plans