Answer / jana_pc

A separate tax invoice generated for withholding tax
amount. Later this invoice will be knocked of when making
the payment made to the authority.

Answer / nikunj

how should make a journal entry of tax invoice

Answer / vikki

Withholding tax is like TDs it collects from the vendor.it will pay to government.
Ex: invoice net amount 90 + vat 8 + withholding tax 2 =100
Tds- within the country
Withholding tax- selling goods to outside the country

Answer / ravindra reddy

WITH HOLDING TAX IS SIMLLAR TO TDS, ( TAX DEDUCTION AT
SOURCE ) , IN ORACLE WHEN WE ARE CREATING A STANDARD
INVOICE WITH TAX, SYSTEM WILL CREATE CREDIT MEMO & STANDARD
INVOICE AGAINST TO THE SUPPLIER/EMPLOYEE AUTOMATICALLY.

BOTH CREDIT MEMO & STANDARD INVOICE WHICH SYSTEM CREATS IS
CALL WITH HOLDING TAX( TAX ATHURORITY )

How the system will know which entry come from which operating unit. Example A,B and C is a operating unit and bymistake we posted one entry in Operating Organisation A which belongs to actually Operating Org. B. How the system will understand that this entry Posted in Operating Unit A.

4 Answers   Aurobindo,

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What is revaluation & translation ?

1 Answers   Deloitte,

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what is meant by functional specifications involved in po and ap?

1 Answers   Cognizant,

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Do you receive deposits and/or prepayments?

3 Answers  

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would anyone tell me what are the expected real time questions in the interviews

2 Answers  

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While setting up the cross validation rules is it necessary to enable the SECURITY RULE check box along with CROSS VALIDATION RULE check box in flexfield structure. plz clarify my dt

3 Answers  

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in mass addition normally there is an interface that runs from AP to add the items into FA...when does this process occur..is it during the month end after AP closing & is it an automated process.. Is it possible to run any interface in the middle of the month if u want to populate one specific item from AP

3 Answers   Oracle,

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What is gap analysis, how do you defined. What are the pre-requisities?

0 Answers  

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what is the difference between conversion,customization,inbound and outbound programs ?

2 Answers  

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Is it possible to retire an asset in the same period it is added?

2 Answers  

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What is the use of this Table AR_RECEIVABLE_APPLICATIONS_ALL in AR Module ?

2 Answers   Satyam,

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What is WHT in Financial Module and What would be tbe acc entry for the same?

3 Answers   Oracle,

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