Simplify Withholding Tax Calculation Configuration for Argentina

Simplify the withholding tax configuration to improve efficiency in both withholding tax calculation and payment processing.

Follow these steps:

  1. Navigate to Setup and Maintenance.
  2. Search for and select Manage Standard Lookups.
  3. Define the lookup code with these details:
    • Lookup type: JL_ENABLE_FEATURE
    • Lookup code: JLARWHT_22B_OI_TAX_RATE_LEVEL
  4. Configure the withholding tax certificate generation for each tax at the tax or tax rate level to reduce the number of taxes created.
  5. Set up tax rule conditions using new operators when Transaction Tax is used, to reduce the number of tax rules needed to determine complex taxable bases for withholding taxes