Skip to main content
Skip table of contents

Posting Vendor Withholding Tax

Overview

In some regions, companies are required by law to withhold a certain percentage of the payment when paying vendors.

Steps

Navigate to Setup\Object Manager\Vendor Payment\Field Sets\Vendor Payment, then add the following fields to the field set:

  • Withholding %

  • Withholding GL Account

When creating a Vendor Payment, populate Withholding % and Withholding GL Amount, either manually, or automatically using a trigger or a flow.

When posting the Vendor Payment, the following GL Entries will be created.

JavaScript errors detected

Please note, these errors can depend on your browser setup.

If this problem persists, please contact our support.