Withholding Tax

Withholding Tax Calculation

Select Yes if withholding tax is used on this account.

Withholding Tax A/C Class

Select whether the withholding tax is to be calculated on the gross, net or tax portion of the transaction.

Withholding Tax Normal Sign

Select either credit or debit to determine the type of transactions posted to this account. This enables withholding tax to determine whether the transaction posted to this account is an invoice or a credit note.