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withholding tax

Posted: Tue Jan 08, 2008 3:31 am
by bolaji
how is withholding tax ie tax paid to government handled in Payables and Receivables.

Posted: Thu Jan 10, 2008 5:33 am
by ramu.parepalli
Withholding Tax in AP

Withholding Tax :

Create With Holding Tax Code and Group With Holding Tax. Create Withholding Tax Authority.

We have very good reports in AP for Withholding Tax. They are as following :

1. Withholding Tax by Invoice Report.
2. Withholding Tax by Pyament Report.
3. Withholding Tax by Supplier Report.
4. Withholding Tax by Tax Authority Report.