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Withholding Tax Amount

Good Morning Experts!

Just want to know the reason and possible for my concerns regarding Withholding Tax Amount in INV5.

Currently withholding tax amount is rounding off to whole number


Taxable Amount = PHP 11,986.63

Rate = 10%

Withholding Tax Amount = PHP 1,198.00

Should be = PHP 1,198.66

To correct this, I made a formatted search for withholding tax column where withholding tax = Taxable Amount * Rate/ 100 and it worked. The problem is in INV5.WTAmnt amount still shows PHP 1,198.00 instead of PHP 1,198.66

Version SAP 2007A

Localization Australia/New Zealand

Hope to hear from you soon.


Sandra A. Callanta


Open Administration -> Setup -> Financials -> Currencies.

Check the 'Rounding' against the currency 'PHP'

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