Sets the minimum limit for posting the WTax of outgoing payments in local currency, as defined by the government.

Field name: WTAccumAmt.

Read-write property

Public Property WTAccumAmountAP() As Double

Field name in the application: Accum Amt for WTax Outgoing Payments.

To display the form in the application, choose the Accounting Data tab in Administration --> System Initialization --> Company Details.

Note:

• If the accumulated amount paid to one specific vendor within a calendar month is lower than the amount you defined in this field, the system does not post the WTax.

• If a certain payment causes the accumulated amount to become higher than the amount you defined in this field, the application posts WTax both for the current transaction and for the previous payments.

• If you cancel a payment, and the accumulated amount becomes lower than the amount you defined in this field, the application creates journal entries to reverse the following:

  • This payment

  • The WTax amount related to this payment

  • The other WTax amount related to this vendor within the month

AdminInfo Object