How to: Set Up Vendors Without ABN for Calculating the Withholding Tax

Withholding Tax (WHT) is calculated for local vendors who do not have an Australian Business Number (ABN), as required by tax law.

To set up vendors without ABN for calculating the withholding tax

In the Search box, enter Vendors, and then choose the related link.
Choose the required vendor, and then, on the Home tab, choose Edit.
In the Vendor Card window, on the Registration FastTab, the ABN field and Foreign Vend field must be empty.
Choose the OK button.

Note

The WHT percentage is automatically withheld in accordance with what was specified in the WHT Posting Setup window. The WHT certificate is produced for submission to the vendor. For more information, see Withholding Tax.