TDS Deduction In SAP

[Guest]

In Sap whether TDS on Job Worker is deducted at time of MIGO or MIRO

Regards

Nevil Kalavadia

[CAGOPALJI AGRAWAL]

Please clarify MIGO and MIRO.

[DINESH AGGARWAL]

Dear Nevil

TDS liability arises at the time of payment or credit to the account of party, whichever is earlier.

In SAP, FICO is updated vide MIRO.  Hence, in my opinion, liability of TDS is arises at the time of MIRO.

Hope this would clarify the issue.

Regards

manojkmodi

[email protected]

 

AI Summary

Clarifying TDS Deduction Timing in SAP: Liability Arises at Payment or Credit, Updated in FICO Module During MIRO. A user inquired about the timing of TDS deduction on job workers in SAP, specifically whether it occurs during MIGO or MIRO. One respondent asked for clarification on MIGO and MIRO, while another explained that TDS liability arises at the time of payment or credit, whichever is earlier. They further clarified that in SAP, the FICO module is updated during MIRO, suggesting that TDS liability arises at that point.