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extended withholding tax configuration calculation

Hi,

I have created 2 new WHT types and tax code W6 and W7 for country. Now tax should be calculated after existing tax codes W2& W4 are calculated in the vendor invoice. How to maintain this configuration.

Thanks,

Ranjith

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1 Answer

  • Posted on Oct 20, 2019 at 01:34 PM

    Requirement:Two new extended WHT codes and tax types(say W6 & W7) should be created. These two tax types should be created from the payable amount after the existing WHT types (say W2 &W4) are calculated.

    PFB example

    Item PK Account Amountin Loc Curr 1 31 vendor 60.91 eur 2 40 gl 100 eur 3 50 gl -20 eur 4 50 gl -3.6 eur 5 50 gl -10.18 eur 6 50 gl -5.31 eur

    The percentages of the tax codes

    Tax Code Percentage Order of tax calculation W2 20 1 Existing W4 3.6 2 Existing W6 13.33 3 New Config W7 6.95 4 New Config
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