Payables and Cash Management - EBS (MOSC)

MOSC Banner

Withholding Tax calculation on the basis of Cumulated Invoice Amount

edited Jul 14, 2015 10:02AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered

Hi All,

We have a requirement where WHT is calculated on the basis of Total Amount Invoiced since 1 Jan. There should be no WHT calculated after a threshold limit is achieved, For Example-

For Amount range 0-25000 invoiced since 1 Jan of the year; withholding should be calculated @7.325%

and after 25000 of amount has been invoiced; there should be not WHT calculated.

Can you help me configure this. I have set WHT for Amount range and system is not calculating as per above expectations. I still calculates WHT even though more than 25K invoice amount is booked.

Best Regards,

Anil

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

EBS Payables Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center