Witholding Tax

[Former Member]

Hi,

From January to october the withholding tax rate was 12%, from november it is 11%. what configuration we need to do to reflect the changes.in case we are pulling up the report,wil the changes in the tax has any affect.

Thanks

[former_member207607 · Accepted solution]

Dear All,

there are no Standard Report that allows You to change the WT code into

the documents if the vendor master data is changed.

The only thing you can do for open items is to define a new combination

of withholding tax type and withholding tax code (now 12%) in the vendor master

data and run report RFWT0010 afterwards.

Please test it into a test System.

However, in open items, it should be possible to change the w/tax code

using transaction FB02 for invoices.

I hope this can help You.

Mauri

[former_member2342]

Dear

One has to create two withholding tax codes one for 12% and the other for 11%. Later depending upon the period any of the two need to be incorporated in the vendor master. So that while doing FB60/MIRO/MIR7/F-48 one can choose the other if necessary.

Regards