Adding Withholding Information to Manual Payments in Mexico
Access the Withholding Registration form.
- VAT Withholding Concept
Enter a value from the Withholding Concepts table (F76M002) to specify the VAT withholding concept to apply to the payment.
- Income Withholding Concept
Enter a value from the Withholding Concepts table (F76M002) to specify the income withholding concept to apply to the payment.
- Domestic VAT Withholding Amount
Enter the withholding amount for VAT for payments made in the domestic currency. Enter the amount as a negative number.
If your payment is in a foreign currency, you enter the withholding amount in the Foreign VAT Withholding Amount field and the system converts the foreign amount to the domestic amount and populates this field.
- Domestic Income Withholding Amount
Enter the withholding amount for income for payments made in the domestic currency. Enter the amount as a negative number.
If your payment is in a foreign currency, you enter the withholding amount in the Foreign Income Withholding Amount field and the system converts the foreign amount to the domestic amount and populates this field.
- Foreign VAT Withholding Amount
Enter the withholding amount for VAT in the foreign currency. Enter the amount as a negative number.
The system displays this field only when the voucher is in a foreign currency.
- Foreign Income Withholding Amount
Enter the withholding amount for income in the foreign currency. Enter the amount as a negative number.
The system displays this field only when the voucher is in a foreign currency.