Hi,
How do i create a record as follows in supplier payment proposal
An invoice of value 1000, pay for 750 using supplier payment proposal.
The record should appear in payment proposal as
‘Matched amount =1000’
‘Paid amount = 750’’
‘Withheld tax = 250”
Is it possible to create a scenario as above? Do we have a set up for this
Best regards
Zuha
This would depend on how you have your tax code setup.
If you have your tax code setup as tax method: payment then you should see your expected result.
I entered a supplier invoice for $1000 -- have my withholding tax code of payment on my invoice 10%
On my payment proposal --- my matched amount is $1000 paid amount= $900 and withhold amount: $100
Hi
in my opinion it depends on setting in the supplier screen.
In the Tax Withholding/Reporting screen the parameter Withholgind Base should be set as Actual Paid Amount.
Then the reduced amount should be paid.
Best regards,
Małgorzata
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