Defining Accounts for Withholding Tax
Use
You define accounts for the account determination for posting withholding tax.
Procedure
In the Implementation Guide for Financial Accounting, choose Financial Accounting Global Settings
® Withholding Tax ® Extended Withholding Tax ® Postings ® Accounts for Withholding Tax .Depending on whether you have set the posting indicator in the withholding tax code or if you use self-withholding, define accounts for the following transactions:
Here you define accounts for the normal withholding tax transaction (WIT). This transaction is required for every withholding tax posting.
You define accounts here if you have selected value
You define accounts here if you have selected value
You define accounts here if you want to post self-withholding tax. An offsetting posting with the opposite +/- sign is then carried out for the withholding tax item (transaction OPO).