Withholding Tax Error during Vendor Down Payment

[Former Member]

Hi,

We have created some new Withholding Tax Types and codes and have assigned them to a Vendor. Now when we try to make a down payment on this Vendor, at the time of posting the system gives the error:

"WCT Code not allowed in Down Payment. Remove the WCT Code."

We are using the newly created Withholding Tax code, so how and why is the system taking it as WCT?

Please help.

Thanks!

Regards,

Angad Nagpal

[Former Member]

Hi

First create withholding tax types for Payment Posting and withholding tax codes and while assigning withholding tax types and codes in Vendor Master Data , only assign withholding tax types and select Liable checkbox and do not assign withholding tax codes.

while doing Down payments or Invoices system will prompt a pop-up box and you can select the relevant tax codes.

Then you can check whether it is calculating the taxes or not.

Regards

Venkat

[Former Member]

Hi Venkat,

Thanks for our reply. I tried doing that, however the system is not letting me save the entry, it says "Enter default value for withholding tax code".

Thanks!

Regards,

Angad Nagpal

[Former Member]

Someone please help.

Thanks!

Regards,

Angad Nagpal