Witholding tax base amount error

[Former Member]

Dear gurus

I have a problem with 1099 reports.

The report is showing the cash discount base amount as the Witholding base in reporting curr.

We paid the full invoice amount. FYI the invoice doc contains the cash disc base amount for ex say 80$ for an invoice of 100$. Even we paid 100$, the "Witholding base in reporting curr" in the 1099 report is showing 80$. IN configuration we specified the to read the data before cash discount.

please let me know any other thoughts?

Many thanks

MSJ

[meesha_belani]

MS babu

I had a similar issue and found out that it was not the discount base but SAP is considering the amount either net or Gross.

Check the taxes calculated on the document. It is probably taking the withholding tax base after the tax.

Hope this helps

MB

[Former Member]

Dear MSJ,

Could you please tell me how did you resolve the issue (calculating w.tax on gross/net amount)

Kind regards

Leoni

[Former Member]

please email your email address to sharathmuthyala at yahoo com. I shalll send you some screen shots.

Thanks