Payables and Cash Management - EBS (MOSC)

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WHT Calculation

edited Mar 5, 2016 4:05AM in Payables and Cash Management - EBS (MOSC) 5 commentsAnswered

Hi,

We have following scenario, can possible to cater in oracle application ?

Up to 50,000TK – No WHT

More than 50,000Tk – 10% WHT

Presume the following invoices are still outstanding :

Supplier A - Invoice number 1  - 20,000 USD so no WHT

Supplier A – Invoice Number 2 – 25,000 USD so no WHT

Supplier A – Invoice Number 3 – 10,000 USD now since the cumulative is more than 50,000 USD now there is WHT on the total amount of 55,000 @ 10% = 5,500


Thanks in Advance

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