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  • IB and Income Tax Withholding (FINA085A - SIGAFIN)

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Calculation Basis = Balance/(Percentage+1)

 


Income tax can be calculated based on information from schedule table. Schedule table must be previously defined through Withholding Table routine of Tax Records.

Formula:

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Procedures

For tax withholding:

Image ModifiedImportant:

To calculate withholding when adding an advance payment (PA) configure the parameter MV_RETPA with S.

1. Write off a payment order.

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