Generic Withholding Tax Reporting (SAP Library

Generic Withholding Tax Reporting

Use

You use the Generic Withholding Tax Reporting tool to generate withholding tax data for withholding tax reports submitted to the Philippine Bureau of Internal Revenue (BIR) and vendor certificates, as follows:

BIR form 1601 – Monthly Remittance Return of Income Taxes Withheld

BIR form 2307 – Certificate of Creditable Tax Withheld at Source

BIR form 1604 – Annual Information Return of Income Tax Withheld on Compensation, Expanded and Final Withholding Taxes

Features

SAP delivers standard report variants and Smart Forms for each of the reports and the certificate, which are listed below.

SAP also provides a display variant for the output lists, 1SAP, which you can specify under Output control and lists in the Display variant column.

BIR 1601

SAP provides withholding tax data for page 3 of the form. The form comprises three sections – expanded withholding tax, final tax based on the regular rate, and final tax based on treaty rates. Within each of these sections, the data is summarized according to the nature of the income payment (ATC code). For more information, see Withholding Tax Code.

The predefined report variant for BIR 1601 is SAP&PH_1601, and the Smart Form is IDWTCERT_PH_1601.

BIR 2307

The predefined report variant for BIR 2307 is SAP&PH_2307, and the Smart Form is IDWTCERT_PH_2307.

BIR 1604

You use BIR form 1604 to report expanded and final withholding tax for all nonemployee transactions.

SAP provides the three required sections of form 1604: alphalists 3, 4 and 5 (schedules):

Section of BIR 1604	Description	Predefined report variant	Smart Form
Alphalist 3	Payees subject to expanded withholding tax	SAP&PH_1604-3	IDWTCERT_PH_1604_SCHEDULE3
Alphalist 4	Payees subject to final withholding tax	SAP&PH_1604-4	IDWTCERT_PH_1604_SCHEDULE4
Alphalist 5	Other payees whose income payments are exempt from withholding tax issued but subject to income tax	SAP&PH_1604_5	IDWTCERT_PH_1604_SCHEDULE5

Prerequisites

For each withholding tax report, note the required Customizing settings for the corresponding output group.

Activities

To access the report, from the SAP Easy Access screen, choose Accounting ® Financial Accounting ® Accounts Receivable ® Withholding Tax ® Generic Withholding Tax Reporting.