Hi Experts,
I have to run the bonus with taxable for the mid month in offcylce, i am getting the flat tax % for that employee, its flat tax deducting correctly, But i want to Reduce the past excess(extra) tax deducted amount in present bonus tax amount.
for example: Bonus 100000, flat tax 30000 - 1500 (Extra tax deducted amount)
so tax for that Bonus 28500 while run the off-cycle payroll run.
maintained the INBTD BON5 STDR (tax code) in schema INN1.
Its really immediate solving issue please help me in this....