Letter of retention configurations
The letter of retention document has these two types of reporting:
- Sales Tax Letter
- Income Tax Letter
To generate a Sales Tax Letter, these items must be configured:
- Enable Vendor’s Enrolled Withholding flag.
- Enable Vendor’s Income Withholding flag.
- Disable Invoice’s Income Withholding Code’s Accumulated flag.
To generate an Income Tax Letter, these flags must be enabled:
- Vendor’s Enrolled Withholding flag
- Vendor’s Income Withholding flag
- Invoice’s Income Withholding Code’s Accumulated flag
Note: If the invoice has a zero total withholding amount,
the letter of retention document is not generated.
For more information, see Payables User Guide.