How to Set up Vendor Withholding Tax
SAP Business One lets you to manage what kind of tax that wants you use. So you can add tax group based on your company needs and set to your vendors. Below I will share step by step to add tax group and attached to vendor.
Adding Withholding Tax Group
Go to Administration à Setup à Financial à Tax à Withholding Tax
To add new Withholding Tax group, write on table based on your company needs then click OK to Saved into database.
Table name of tax Group: OWHT
Setup Tax to Vendor
Go to Business Partner à Business Partner Master Data
Click on Accounting Tab à Tax Tab
Give mark on check box Subject to Withholding Tax
And to setup what kind tax that allowed for vendor just click button “…” next to wTax Code Allowed.
Listing tax group will appear and you just select tax group that allowed to selected vendor
Click OK to saved setup tax of vendor into database
Click Update to saved change Business partner master data into database
Table name of Business Partner: OCRD
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