TDS Credit memo in AR

Steps:

1. Create a Import Source for TDS Credit Memo. You need a Source as type Import as TDS Credit Memo will be created using Auto Invoice Program of AR.
Please note one point here, DO NOT give automatic numbering for this source. This is because, TDS program gives a Transaction number and the same is Alpha-numeric in nature. But if you give Automatic numbering , system will not allow alpha-numeric transaction number and the same will error out while creating credit memo.

2. Create a Transaction Type with identical name as the source. This I believe due to the fact that while importing we dont give transaction type to be used for creating these credit memos.

3. Define a Memo Line for Credit Memos. This will be used and defaulted in Transaction lines.

4. Define Auto Accounting Rules. Please note one point here. Defining Receivables Account will not be any issue. But in Revenue account give a TDS Recoverable Account. This will be a asset type account. If your Auto accounting rules pulls segments values for revenue account from Lines define TDS Recoverable Account as revenue revenue account of the memo line you defined above in Step 3. If it does from Transaction type,then define TDS Recoverable Account as revenue account of the Transaction type you defined above in Step 2

5. Enter TDS Information in form TDS Interface India Localization(TDS Cert Received India is the menu prompt). Save.

6. Run Auto invoice program with Source defined above in Step 1.

7. Hurrrrrrah. Credit Memo is created.


PS: In case of any error do review log and go to Menu >> Control >> Auto Invoice >> Interface Lines to correct errors.