With Holding tax query
I have following doubts in With hodling tax.
1. Can we use define one particular supplier as Tax authority , and we can use this supplier for all other supplier related Withholding tax calculation process.
EX:- we will create "X" supplier as tax authority and we will complete with holding tax setup.
now we will process Invoice for "Y" supplier will system calculate for withholding tax (Supplier "Y" is not setup as Tax authority at Supplier level, but With holding calculation is enabled).
If the above case is not possible i have one more question.
2. We can define employee as supplier, in this case our supplier type is employee, and we want use With holding tax functionality. for example say (Retention Bonus which company will pay end of the year) if we setup with holding tax also we can select employee as Tax authority, ho we can achieve this.