Posted by [IP Address: 195.152.54.10] 'rajaraman' on September 20, 2001 at 02:49:27 EST:
In Reply to: Withholding tax entry in Invoice verification - - - pls help! posted by [IP Address: 195.152.54.10] 'august' on September 20, 2001 at 02:28:12 EST:
hi,
u can withold tax at the invoice stage or at the payment stage. both are possible. for this u need to have a withholding tax code created in the vendor master record. when u boox an invoice - tran mrhr , the vendor screen will have the default tax code as set up in the master record. u can over write it if u want and save. go to tds paymnent mode and execute at a later stage i.e while making the payment or at the time of inv adjustments.
hope it is clear
Raja
: hello! hope somebody can help me on this...
: is it possible to generate the withholding tax entry during invoice verification? our system right now generates the withholding tax entry during payment to the vendor.
: thanks for your help.