Setting Up Fourth Category Profit Withholding Percentages

Access the Add Profit Withholding Percentage, 4th Category Concepts form.

Set up the appropriate scale of withholdings for those suppliers that are registered in the tax category.

Note: In the case of unregistered suppliers, the system uses the percentage set up in the Profit W/H - Percentages program (P760403A).

Excess Percent

Enter the generic percentage that specifies the withholding exception percentage on taxes. The maximum valid amount is 999,99.

Expiration Date

Enter the date when a transaction, contract, obligation, preference, or policy rule ceases to be in effect.