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Query Regarding Withholding Tax Voucher Cancellation

Forum|Forum|4 years ago
May 17, 2021
28 replies
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+9

Rakesh
Sidekick (Partner)

I have a query regarding withholding tax voucher cancellation.

For me, B voucher is created automatically for withholding tax once the customer invoice is posted. But I want to cancel this voucher as it contains some error in amount field.

But, I am not getting any option for reversing the entries.

Note: The Voucher created is in Approved State. It is not updated to GL.

Need a solution asap.

Best answer by Rasangi Tilakaratne

Hi Rakesh,

Sorry for the confusion above. Though in above example, it didn’t allow me to create the credit invoice due to an error in background job, that functionality will actually create a reversal entry.

I and Viraj have checked this in Core (APP10 REGIONAL TEST CMB) with a freshy created Customer Order Invoice using a customer enabled for WHT as follows;

Invoice Info

Check WHT

Print Invoice and Invoice gets to “PartlyPaidPosted” state same as per your scenario;

RMB “Create Credit Invoice”

Reversal Entry has been created with WHT also reversed as follows;

Print or Send Invoice in the reversal Voucher;

Check the B Vouchers created for today. One will be created when creating the invoice and the other will be created when reversing the invoice;

Eg: Original B Voucher

Reversal B Voucher;

So this will set off the original invoice postings including WHT.

Hope this helps?

Check whether this is enabled for you? If not, it needs to be further investigated.

Best Regards,

Rasangi

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+9

Rasangi Tilakaratne
Hero (Employee)
Forum|Forum|4 years ago
May 17, 2021

@ Rakesh,

For instant invoice, you have the option of using ‘Correction Invoice” to reverse the original WHT payment.

Refer the following steps;

Create an Instant Invoice with a WHT enabled Customer -> RMB “Print/ Send Invoice” → Invoice created with WHT amount (Refer Instant Invoice II 2020000148 in APP10 Regional TEST CMB in Company 10)

Create a Correction Invoice

View the Correction Invoice → Remove the first line with + amounts (with + Quantity) and leave the second line with - amounts (with - Quantity; which is the reversal transaction line)

RMB “Print Invoice” -> Invoice will be set to “PartlyPaidPosted” state.

Then check the posting by querying for Reference Number: 2020000148;2020000149 → WHT has been successfully reversed together with the original invoiced amount as folllows;