Chapter 88: Oracle Fusion Tax Implementation

Creating Second Invoice to Apply Withholding Tax (Section 194H) for the Testing

Here below, we have created the Second AP Invoice and we will apply the Withholding Tax (TDS) for Section 194H

Go to AP Invoice Lines. Click on the ‘Tax’ Tab as highlighted below. 

Under Withholding Classification Code Field, we need to select the Withholding Tax which we want to apply for this Invoice Line.

Note: If you are not able to see the Withholding Classification Code Field, then you need to go to View Option and then select the option to View all columns. By this way, we can able to see the Withholding Classification Code Field under Tax Tab.

Here in Withholding Classification Code Field, we can able to see all the Withholding Taxes. We need to select the Tax as per our Requirment. 

After Selecting the Tax, we need to go to the Invoice Header and select the Invoice Actions Option tab. Select the Calculate Tax Option as highlighted below.

Under Withholding Classification Code Field, we have selected the Withholding Tax ‘5%TDS_194H’ which we want to apply for this Invoice Line.

Chapter 88: Oracle Fusion Tax Implementation

After Calculate Tax, we can see below Lines, Tax is showing calculated for the AP Invoice under Totals Tab of the Invoice as Highlighted below.

If we want to know the applied Withholding taxes information’s, then we need to go to the Taxes Tab and then Click on the Withholding Taxes Tab as below.

Chapter 88: Oracle Fusion Tax Implementation

Chapter 88: Oracle Fusion Tax Implementation