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    WithHolding Tax in Oracle Apps R12

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    manitenkasi
    This incident resolution document describes setting up withholding tax to be calculated at the invoice level in Oracle Payables. It involves: 1) Setting the withholding tax option to invoice level in Payables Options. 2) Creating a withholding tax code and group. 3) Enabling the allow withholding tax checkbox for suppliers. 4) Creating a tax authority supplier and attaching an operating unit and site. 5) Optionally attaching the tax at the supplier or site level, or manually at the invoice level. The tax will then calculate automatically on invoice validation.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    WithHolding Tax in Oracle Apps R12

    Uploaded by

    manitenkasi
    105 views7 pages
    This incident resolution document describes setting up withholding tax to be calculated at the invoice level in Oracle Payables. It involves: 1) Setting the withholding tax option to invoice level in Payables Options. 2) Creating a withholding tax code and group. 3) Enabling the allow withholding tax checkbox for suppliers. 4) Creating a tax authority supplier and attaching an operating unit and site. 5) Optionally attaching the tax at the supplier or site level, or manually at the invoice level. The tax will then calculate automatically on invoice validation.

    Original Description:

    Withholoding Tax

    Original Title

    305833330 WithHolding Tax in Oracle Apps R12

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    This incident resolution document describes setting up withholding tax to be calculated at the invoice level in Oracle Payables. It involves: 1) Setting the withholding tax option to invoice level in Payables Options. 2) Creating a withholding tax code and group. 3) Enabling the allow withholding tax checkbox for suppliers. 4) Creating a tax authority supplier and attaching an operating unit and site. 5) Optionally attaching the tax at the supplier or site level, or manually at the invoice level. The tax will then calculate automatically on invoice validation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    105 views7 pages

    WithHolding Tax in Oracle Apps R12

    Uploaded by

    manitenkasi
    This incident resolution document describes setting up withholding tax to be calculated at the invoice level in Oracle Payables. It involves: 1) Setting the withholding tax option to invoice level in Payables Options. 2) Creating a withholding tax code and group. 3) Enabling the allow withholding tax checkbox for suppliers. 4) Creating a tax authority supplier and attaching an operating unit and site. 5) Optionally attaching the tax at the supplier or site level, or manually at the invoice level. The tax will then calculate automatically on invoice validation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    CISCO ACCENTURE DOCUMENT

    Incident resolution document


    Authored by: Rama Koteswararao Date: 12-Jun-15

    Reviewed by: Nageswara Kalluri Date: 29-Jun-2015

    Incident Number INC000032702132

    Issue Description
    With Holding Tax Setup creation

    Related POC
    (if any)

    1
    Root Cause analysis

    Resolution Setup the With Holding Tax calculated at Invoice Level

    In order to apply withholding tax at invoice level, and need to create the separate
    WHT Invoice on the name of the Income Tax authority supplier we need to follow the
    below steps:

    1. In the payables option, set the withholding to be calculated at the invoice


    level
    Navigate to Payables Super User ->Setup->Options->Payables Options

    2
    In order to apply withholding tax at invoice level, and need not to create the
    separate WHT Invoice on the name of the Income Tax authority supplier we need
    the below setup

    3
    2. Set up the withholding tax code and withholding tax group
    Navigate to Payables Super User ->Setup->Tax->Withholding->Codes and
    create a Tax code as shown in below screen-shot

    4
    3. Enable the Allow Withholding Tax Check Box at Supplier Level
    Navigate to AP Supplier Management ->Supplier->Entry and search for any
    supplier used in invoice. Then under Tax Details section across supplier,
    select Allow Withholding Tax option.

    5
    Create the Tax Authority Supplier and attach the Operating Unit and site
    name to the Tax Authority Supplier
    Navigate to AP Supplier Management ->Supplier->Entry

    6
    4. You can optionally attach the withholding tax to our standard supplier at site
    level in order to default the same at the time of raising of invoice

    5. If no tax is attached at the supplier or site level, manually attach the


    withholding tax group at the invoice header level while entering the invoice.

    The withholding tax in the invoice will be calculated automatically when the invoice
    is validated.

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