Understanding the Withholdings Ledger Program

You run the Withholdings Ledger program to generate a report of tax withholding information for a certain period. The report lists all of the profit, eventual, VAT, gross income, or contract withholdings for the period, based on the document types that are specified in the data selection.

For withholding for small contributors, the program:

• Uses the first character of the Description 2 field of the 76/03 UDC table to determine whether to calculate profit withholding.

• Retrieves the amounts for the Gross Amount and Taxable Amount columns from the voucher related to the withholding document.