Grossing Up Withholding Tax — Cloud Customer Connect
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Grossing Up Withholding Tax

edited Apr 30, 2025 1:43PM in Tax & Global

Organization Name (Required - If you are an Oracle Partner, please provide the organization you are logging the idea on behalf of): Cognizant

Description (Required):

We have to implement a tax scenario in Thailand whereby business has to pay entire amount to supplier for which they invoiced for and in addition business pay extra amount of withholding tax on supplier behalf to tax authority. This scenario is called Grossing up in Thailand.

Use Case and Business Need (Required):

Case explained-Gross up withholding tax in Payables

Standard functionality (not grossed up) is:Invoice Amount 1200 (200 is VAT inclusive)DR Expense 1000DR Recoverable GST 200CR WHT Liability 100CR Supplier Liability 1100 - actual payment

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