Posting Date Doesn't lie in the Income tax accounting period setup

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Posted on by Balaji Raj

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Hi NAV Community,

When I tried to post the invoices with TDS. It is showing an error "Posting date doesn't lie in Income tax accounting period setup". But in the setup FY 2014 - 15 is open and the invoices with TDS was posted till September 2014 without any issues. I am getting this error "Posting date doesn't lie in Income tax accounting period setup" for entries from Oct 2014.

What is the process for solving this issue? Your help is much appeciated.

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keoma 32,729 on at

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hi,

check the values of allow posting from and allow posting to in general ledger setup.

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Tharanga Chandrasekara 23,118 on at

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Refer this link :

msdn.microsoft.com/.../hh938978(v=nav.70).aspx

Check the General ledger setup. In that also you can set the allowed posting period.

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Community Member on at

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Balaji,

Company_TEST/Departments/Administration/Application Setup/Financial Management/Income Tax/Income Tax Accounting Periods

Check the following

No. Starting Date Ending Date Closed

I think the Ending Date may be wrong, please check

Probably the ending date may be 30-Sept-2014.

Either create new period (create year for balance period) or edit ending date

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Saurabh Shah 4,560 on at

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Hi,

You need to define the start date and end date in mentioned setup.

Go to

Departments/Financial Management/Setup/Income Tax

Here you will find the setup called:

Income Tax Accounting periods

Define the accounting period here and then try to post the TDS transaction.

Let me know if any more details needed.

Regards,

-Saurabh Shah

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Balaji Raj 287 on at

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Thanks for your help!! As suggested I checked in the Income Tax acounting period setup but the period is already mentioned as 01-04-2014 to 31-03-2015.

Do you have any other solution for this issue?

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Balaji Raj 287 on at

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Thanks for your help!! As suggested I checked in the Income Tax acounting period setup but the period is already mentioned as 01-04-2014 to 31-03-2015.

Do you have any other possible solution for this issue?

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Community Member on at

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Did you check posting periods?

In 'General Ledger Setup'

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Balaji Raj 287 on at

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Thanks!! In the General period setup also the allowed posting period is till 31-03-15. Other invoices, receivables and paybles are posting without any problem. Only the Invoice entries with TDS dedution is creating this error. I have checked in Income tax accounting period, it is also updated correctly.

Not sure why the issue is arising still?

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Balaji Raj 287 on at

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Yes!! In the General period setup also the allowed posting period is till 31-03-15.

Not sure why the issue is arising still?

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Can you put the screen shot of the invoice?

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