Steps to Create With Holding Tax in Oracle Apps

Set Up Steps

 

ü  Enable Withhold Tax in Payable Options

ü  Enable Withhold Tax at Supplier Site

ü  Define Special Calendar for Withhold Tax

ü  Define Tax Codes

ü  Review Your Supplier

ü  Book an invoice with same supplier

ü  Review Withhold Tax Invoice created by Payables

Step No: 1

Enabling Withhold Tax at Payable Options

Nav: Setup > Options/Payable Options

Step No: 2

Enabling Withhold Tax at Supplier Site

Nav: Supplier > Entry

Step No: 3

Define Special Calendar for Withhold Tax

Nav: Setup/calendar/Special Calendar

Step No: 4

Define Tax Codes

Nav: Setup/Tax/Codes

Step No: 5

Review Your Supplier

Nav: Supplier/ Entry

Step No: 6

Book an standard invoice with same supplier for testing of With Holding. 

Nav: Invoices/ Entry/Invoice