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Invoice with both Withholding and VAT

Aug 03, 2017 at 03:51 PM


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Hello Friends and experts,

I have a very peculiar scenario. It is not normal. We are just trying to accommodate a request from the client.

Revenue 1000

WHT (AR) 100

VAT @ 21%

We need the following calculation to happen:

VAT = (1000 + 100) x 21% = 231

The document posting should be:

Dr. AR 1231.00

Cr. Revenue 1000.00-

Cr. WHT 100.00-

Dr. WHT 100.00

Cr. VAT 231.00-

I know how to do the Dr./Cr. posting for the WHT part. No issues. But i want to know how to calculate the VAT on both Revenue and WHT? How should I make the WHT part of the base for the VAT calculation.

Any help will be very much appreciated.

Best regards,

Vishal Thakur.

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