Setting up for withholding tax report

  1. Set up Withholding Codes:

    Select Financials > Payables > Payables Setup > Payables Codes > Withholding Codes.

  2. Add withholding codes to vendors. The withholding codes on vendor records are the default for transactions.
  3. On the Vendor Group and the Payables Company, select the Global Withholding field so that the withholding codes are available for international use.

    For Vendor Group, select Financials > Payables > Payables Setup > Vendor Group.

    For Payables Company, select Financials > Payables > Payables Setup > Companies.

  4. Create a VAT Report Maintenance:

    Select Financials > Payables > Tax Setup > VAT Setup > VAT Report Maintenance.

  5. Create tax transactions with these vendors.
  6. Select Financials > Payables > Tax Setup > VAT Setup > VAT Return Report.
  7. Trigger work units:

    Sign in as Process Server Administrator and select Administration > Work units.

    An LCL Tax Report BOD is triggered to Infor Localization Services. The output is generated.