What is the difference between Classic and Extended Withholding Tax
Can some please tell me what is the difference between Classic Withholding and Extended Withholding Tax. How can I look at the Withholding Tax deducted from a particular invoice?
In one shot i can say that in EWT you have Withholding Tax type and Withholding tax code. you can assign many tax code to one tax type.
where as in WT you have only tax codes.
So that you can create one tax type for Adavances and one for Invoices and assign GL accounts based on this type
Hope this clears your question