Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Hi,
Your guess is correct. This feature cannot be mapped in Classic WHT, however
there are also other settings that need to be maintained apart from OB98.
Regards,
ARI
| | | ---------------Original Message---------------
From: Deborah
Sent: Tuesday, December 07, 2010 2:04 PM
Subject: Does the reduced rate functionality work for Classic Withholding?
Hello experts!
I am configuring Classic withholding tax for US 1042 reporting on payments made to foreign vendors.
In OB98 there is a field QSATR for a Reduced Rate. The F1 definition states this is a ' Percentage rate which is to be used for the withholding tax base amount if there is a valid exemption certificate, to calculate the withholding tax amount. I have not been able to get this to work.
Here is an example. I have withholding country AU set with a 30% rate. Then in the field QSATR I have 10% set in OB98. In the vendor master record, I entered values in the Exemption Certificate field QSZNR. But when I post a payment using this vendor, the withholding calculates at 30%, not 10%.
The business requires that the withholding for AU is 10%, BUT they need to be able to withhold 30% for AU in very rare situations using the same tax code.
I don't know if this is an issue for Classic versus Extended or what. Any input would be greatly appreciated! |
| __.____._ Copyright © 2010 Toolbox.com and message author.
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
| |  ARI
SAP Accounting Helper
Posted helpful replies on 5 threads in a group to earn a Bronze Achievement Related Content Most Popular White Papers
In the Spotlight  _.____.__ |
Mark as helpful
