How to create withholding tax invoice in oracle r12

How to create withholding tax invoice in oracle r12

In this post , We will be discus , how we can create the Withholding tax invoice in Oracle Payables r12. Once we have done the setup for Withholding in Oracle r12 then we can create the invoice and can apply the WithHolding tax. If you want to learn about Withholding tax setups , then you can refer my old post What is Withholding Tax : Withholding Tax Setups in Oracle Application. To create an AP withholding tax invoice in oracle r12 , you can refer these below steps.

 

Detail Steps to create withholding tax invoice in oracle r12

 

Step1:- We need to Create AP invoice in Oracle Payables and then Attach the WTH tax group to the invoice in the Invoice Headers.

Before applying WTH tax to invoices first you need to enable the withholding tax to that supplier in the supplier master for which you want to apply WTH tax to these Invoices.

Note: This is one of the Important step to enable the withholding tax option at supplier header and supplier site level.

 

 

Step2:- Once we will validate the AP invoice then automatically WTH tax will be apply to the invoice in the Invoice Lines as below.

 

How to create withholding tax invoice in oracle r12