2977827 - FAQ on Tax Collected at Source (TCS) - Reporting

This KBA answers the most frequently asked questions related to Reporting on the New TCS Section 206C(1H).

List of questions answered in this KBA:

Q1. How to transfer the Interim TCS GL account to Final TCS GL account on receipt of Invoice amount from customers?
Q2. The below dump is observed while running deferred tax report RFUMSV50
      Dump DYNPRO_NOT_FOUND in program SAPLDEF_CUSTOM.
Q3. Which transaction code should be used for remittance of TCS challan?
Q4. While implementing note 2971018, system gives the error - Data Element or Structure FIWTIN_BSRCODE does not exist.
Q5. Section code is not updated in the TCS accounting document after its corresponding billing document is posted. Due to this FIWTIN_TCS_CHALLAN does not pick the accounting document.
Q6. While running RFUMSV50 for Indian TCS tax amount transfer from Interim GL account to Final GL account, the error FS211 (Enter base amount or let the system calculate it) is observed. 
Q7. While executing F-28 or F-32, the error FF804 (Payment with residual items in invoices with defer $1) is observed.
Q8. While executing RFUMSV50, Error FF804 "No Transfer Pstg Poss." is observed.
Q9. While executing RFUMSV50 Error FF707 "Tax entered incorrect (code &1, amount &2), correct &3 &4" is observed.
Q10. Invoice is having multiple TCS lines but RFUMSV50 tax report will display only one line.
Q11. Error 00349: Field BSEG-REBZJ does not exist in dynpro SAPMF05A 0312 at RFUMSV50 (or)
        Field BSEG-REBZG does not exist in dynpro SAPMF05A 0312 (or)
        Field BSEG-REBZZ does not exist in dynpro SAPMF05A 0312
Q12. While executing RFUMSV50 Error FF731: “Tax code && may only contain one assignment line” is observed.
Q13. At maximum, how many tax codes are supported for Indian TCS transfer functionality in RFUMSV50?
Q14. How to deactivate deferred tax functionality in system after TCS activation?
Q15. What are the notes required to be implemented for the TCS quarterly returns solution?
Q16. Which transaction code should be executed for TCS quarterly returns filing?
Q17. Which 'Form' should be selected for TCS quarterly returns filing?

Read more...

• Financial Accounting (FI)
• SAP ERP Central Component
• SAP ERP
• SAP enhancement package for SAP ERP
• SAP enhancement package for SAP ERP, version for SAP HANA
• This is relevant for Country INDIA

SAP ERP all versions ; SAP S/4HANA Finance all versions ; SAP S/4HANA all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

206C(1H), TCS, RFUMSV50, FIWTIN_TCS_CHALLAN, DYNPRO_NOT_FOUND, SAPLDEF_CUSTOM, FIWTIN_QRETURNS, 27EQ, files, Form. , KBA , XX-CSC-IN-FI , use FI-LOC-FI-IN , FI-GL-GL-F , Value Added Tax (VAT) , XX-CSC-IN-SD , use FI-LOC-SD-IN , FI-GL-GL-F1 , Deferred Tax (Country Specific) , How To