Create a withholding tax payment

The Withholding tax payment job procedure settles withholding tax balances from Accounts payable on withholding tax accounts, and offsets them to the withholding tax settlement account for a given period. This article lists the steps for setting up a withholding tax payment.

Note

Withholding tax offset (from accounts receivable) is not taken into account when a withholding tax payment is calculated.

1. Go to Navigation pane > Modules > Tax > Declarations > Withholding tax > Withholding tax payment.
2. In the Settlement period field, click the drop-down button to open the lookup.
3. In the list, click the link in the selected row.
4. In the From date field, enter a date.
5. In the Transaction date field, enter a date.
6. Select Update to post withholding tax payment voucher to the withholding tax settlement account.
7. Click OK.