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WithHolding Tax and Oracle EBS

Posted on August 18th, 2010 by Sanjit Anand ||Email This Post Email This Post

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WHT functionality is offered in Oracle under AP module.

Similar to Automatic VAT processing, Oracle provides the feature for automatic WHT processing. To perform automatic withholding, assign a WHT group (not WHT) to an invoice or invoice lines. WHT group defaults from supplier site. If required, the user can override the default and select a different WHT group.

Typical configuration for Withholding Tax in AP broadly consist of the following four steps

  • Payables Option: Withholding Tax Tab: Allow WHT in Payables Option window for the operating unit

To allow Automatic Withholding Tax for your invoices and expense reports, enable the Use Withholding Tax Payables option.
Navigation: Payables > Setup > Options > Payables > Withholding Tax tab

  • Define your Withholding Tax Authority as Supplier with Venfor Type as ‘Tax Authority’

Define withholding tax authority supplier. Define this supplier as a Standard Supplier with Supplier
Type as ‘Tax Authority’. WHT invoices are created against these suppliers.
Navigation: Payables > Supplier > Entry

  • Define WHT group

Define WHT codes with tax type as ‘Withholding Tax’ and enter the GL Accounts for the WHT accounting.
Navigation: Payables > Setup > Tax > Withholding > Codes

  • Enable WHT on Supplier / Supplier Site for standard suppliers

You need to enable WHT on Supplier and Supplier site. Optionally you can also enter default WHT group for the supplier site.

Accept the default withholding tax group from the supplier site or select another from a list of values while raising the invoice.

Navigation: Payables > Supplier > Enter > Tax Details

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