Calculating TDS on a Prepayment

To calculate TDS on prepayments:

1. Use standard and India-specific software to enter the prepayment information.

   You enter TDS information on the India-specific entry form that the system displays after you enter standard prepayment information.

2. Calculate TDS.

   See Calculating TDS on Prepayments, Calculating TDS on Suspense Accounts, and Calculating TDS on Recipts.

3. Use the standard and India-specific software to enter the voucher.

   You enter TDS information on the India-specific entry form that the system displays after you enter standard voucher information.

4. Use the standard software to split the payment into the nonpaid and prepaid amounts.

5. Apply the prepayment.

6. Run the TDS calculation for the nonpaid amount.

See also:

• “Processing Prepayments" in the JD Edwards EnterpriseOne Applications Accounts Payable Implementation Guide