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What is the difference between Classic and Extended Withholding Tax

Hi,

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?

Number Guaranteed.

Thanks.

Former Member
Former Member replied

Hi Prem,

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

Regards

Ashish Bohara

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