Effective Date of Withhold Tax Certificates Exemption Based on GL Date
Last updated on AUGUST 30, 2016
Applies to:Oracle Payables - Version 12.0.0 and later
Information in this document applies to any platform.
Why is the AWT still calculated while the invoice gl date falls in the period of AWTcertificates exemption period?
Setup Calculate AWT at both Invoice time and Payment time.
1.Navigate to AP->Setup->Tax->Withholding->Certificates
2.Enter related supplier and site information
4.Enter withholding tax code and rate with 0 to make AWT exemption , enter period from 01-Jul to 30-Jul
5.Enter invoice with gl date with date 02-Jul and validate , AWT created with amount 0 because the invoice gl date falls in above exemption period
6.While pay the invoice, change the payment date from default date to 2-Aug-2016, and pay the invoice, the payment time AWT calculated with amount
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