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Former Member

WHT Minimum base amount at the time of Cut Over

Hello Experts,

There is an option in WHT customization to maintain minimum base amount as per withholding tax code. As we are going live in the middle of year so we want to maintain it at vendor level.

For Example;

Minimum base amount maintained at 40000

Vendor 1 Total Purchasing till Go Live date = 38000

Vendor 2 Total Purchasing till Go Live date = 20000

Hence, if we set minimum base amount at tax code level, all the purchasing after Go live will not consider previous purchases till go live..

Regards,

Rash Bharmal

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1 Answer

  • Apr 27, 2017 at 10:06 AM

    Hi Rashida,

    You can set up tw wht tax codes as per your minumum base amount requirement. Then at vendor master data tab: WHT you have to assign both codes. Withholding tax at vendor level can control exemption from/to date enabling intervals of tax calculation.

    Best Regards

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