How Can We Treat Withholding Taxes In AR ?

(Doc ID 257724.1)

Last updated on NOVEMBER 14, 2017

Applies to:

Oracle Receivables - Version 11.5.2 to 11.5.10.3 [Release 11.5.2 to 11.5.10]
Oracle E-Business Tax - Version 12 and later
Information in this document applies to any platform.

Symptoms

How are withholding taxes treated in AR? 

For example:
Invoice 001 raised for ABC in Australia for 100 GBP.
ABC receives invoice and pays 90 GBP in full settlement.
Receive 90 GBP and need to transfer the 10 GBP due on the ABC account to another account to reflect that ABC does not owe it but that the Government of Australia owes it and then need to chase Australia for the money, post to GL and reconcile this account.

Cause

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