Search HansaManuals.com HansaManuals Home >> Standard ERP >> Sales Ledger >> Receipt Register Previous Next Entire Chapter in Printable Form Search This text refers to program version 8.0 Withholding Taxes in the Sales Ledger The Withholding Tax feature is available in the following countries (determined by the VAT Law specified in the Company Info setting): Angola, Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Italy, Kenya, Mexico, Nicaragua, Panama, Philippines, Portugal, Paraguay, Singapore, South Africa and Uruguay. The settings and options described on this page will not be visible elsewhere.--- In some countries, it is necessary to calculate and apply a Withholding Tax when issuing some or all Sales Invoices. The Withholding Tax amount will be subtracted from the Invoice totals and paid directly to the tax authority or other government institution. When Withholding Tax is calculated and included in Invoices, it will be posted to a temporary Account. When Customers pay the Invoices, the Withholding Tax will be moved from the temporary Account to a final Account. Follow these steps to configure the Withholding Tax feature in Standard ERP:
--- The Receipt register in Standard ERP:
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