+5
Dear IFS members,
I hope this message finds you well.
Is there a field or option in use tax that allow the calculated tax to be deducted from the supplier invoice amount since the supplier is agreeable to bear the tax, therefore reduce the amount due to the supplier?
Any thought?
Thank you
+3
If I am reading your question properly this sounds like the standard withholding tax functionality to me.
+5
If I am reading your question properly this sounds like the standard withholding tax functionality to me.
yes, you are right. Certain expense subject to withholding tax by tax comptroller, we have the option to have the supplier to bear the wth tax or we bear it.
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