Creating secondary withholding codes

Secondary withholding codes are used to link a general ledger withholding accrual account to an invoice. The account is used to accrue secondary withholding for vendors, for example, when you are required to withhold a portion of the invoice payment.

  1. Select Secondary Withholding Codes.
  2. Click Create.
  3. Complete the fields.
  4. Specify this information:
    Minimum Payment Amount
    Specify a minimum payment amount before secondary withholding applies.
    Withholding Type
    Select whether withholding for Federal, State, or Other taxes.
  5. Click Save.
  6. On the Rates tab, click Create.
  7. Complete the fields.
  8. On the Details tab, click Create.
  9. Complete the fields.
  10. Click Save.