Withholding tax type for special G/L accounts

[Former Member]

Hi,

Is there a way to define a witholding tax type for a special G/L account type? Up now we can define a withholding tax type for a vendor, but we need to define withholds for particulars vendors/special GL accounts type combination.

What we need is each time an invoice is posted, a withold is made for the vendor only if the posting account has a particular special G/L account type associated.

I hope reqs. beeing understandable.

Any idea is welcome.

mr.

[Former Member · Accepted solution]

Hi

Withholding tax type for special G/L or advance payment can be created as per tax type defined for general invoice/bill entry.

But here the description will be different and '"central invoice proportionate" radio button has to be ticked.As it will help in deducting the tax which has been paid in advance.

So that balance tax can be adjusted when invoice will be entered.

Plz assign points if it is helpful.

Regards

Tapan