EAP: Withholding Calculation for Credit Voucher
(Doc ID 2833606.1)
Last updated on FEBRUARY 21, 2023
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
The requirement is not to apply withholding to credit vouchers. Meaning any vouchers lower than 0 (negative vouchers) should have no withholding rules applied.
The Withholding Rule is set as following:
Range -999,999,999,999 to 49.99 , Percent Withheld = 0 and Additional Amount = 0
Range 50.00 to 999,999,999,999 , Percent Withheld = 0.60 and Additional Amount = 0.50
However, when a voucher is created with amount = -100, Withholding is not calculated as 0 (zero).
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