Setup Requirements for TDS and WCT

This table lists the TDS and WCT setup requirements for India:

Setup Requirement	Comments	Cross-Reference
Assign tax types for TDS and WCT to suppliers.	You use the TDS Setup Default Values program (P75I010) to assign tax types for TDS and WCT to supplier records. You specify a tax type from UDC table 75I/TY. For WCT, specify W (work contract). For TDS, specify contractor (C), dividend (D), professional (P), and so on. You must also assign the tax account number (TAN) and personal account number (PAN) to a supplier record.	See Assigning TDS and WCT Tax Types to Suppliers.
Enter tax rates for TDS and WCT.	You set up TDS rates and WCT rates based on beginning and ending dates and tax type. The tax types for TDS and WCT are set up in UDC table 75I/TY. Use the TDS Rate Master Maintenance program (P75I10A) to set up rates, rate percentages, ceiling limit amounts, and other attributes for both TDS and WCT withholding. When you set up a rate, you specify whether it is for TDS or WCT in the TDS Type and G/L Offset fields on the TDS Rate Revision form.	See Entering TDS and WCT Rates.
Enter concession rates for TDS and WCT.	Use the TDS Concessional Rate Maintenance program (P75I15A) to track the concessional limit amount for transports. When you set up a concessional rate, you must specify whether it is for TDS or WCT in the TDS Type and G/L Class fields on the TDS Supplier Specific Concessional Supplier Rate Master Revisions form.	See Entering TDS and WCT Concessional Rates for Suppliers.
Set up suppliers for TDS and WCT.	You must complete the Person/Corporation Code field and the Withholding Percent field in the Supplier Master Information program (P04012) when you set up suppliers for whom you withhold TDS and WCT.	See "Entering Supplier Information" in the JD Edwards EnterpriseOne Applications Accounts Payable Implementation Guide.
Enter the TDS document company information.	Use the TDS Document Company Maintenance program (P75I20A) to enter the company's address, document company name, fiscal period, as well as other information.	See Entering the TDS Document Company Information
Entering vouchers for TDS and WCT.	You use the Standard Voucher Entry program (P0411) to enter vouchers and the Voucher Entry Tag File program to enter India-specific information for the voucher. You enter codes to identify a tax deducted at source (TDS) and works contract tax (WCT).	See Entering Vouchers for TDS and WCT
Calculate tax amounts for TDS and WCT.	Run the Calculate TDS (R75I515) and the Calculate Withholding- WCTDS (R75I514) reports to calculate the tax for vouchers that are defined to calculate withholding by invoice. Select Daily Processing (G75ITDS1), Calculate TDS. Select Daily Processing (G75IWCTDS1), Calculate Withholding-WCTDS.	See Calculating TDS and WCT
Revise TDS and WCT certificates.	Use the TDS Certificate Master Maintenance program (P75I100) to revise or update the TDS certificate information before you generate the actual TDS certificate number.	See Revising TDS and WCT Certificates
Update bank challan.	Run the Bank Challan Update report (R75I104A) to update the Certificate Master Maintenance table (F75I100) with challan details by TDS group and the corporate and noncorporate combination.	See Updating Bank Challan for TDS and WCT
Update the TDS receipt number.	Run the TDS Receipt Number Update report to update the receipt number for TDS transactions.	See Entering TDS Receipt Numbers