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Re: Withholding Exemption until 1500 dollars by year.

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Hi

 

Remove the amount specification as 1500 in the maximum with holding tax configuration and maintain the percentages in the below configuration path:

 

IMG>Financial Accounting (New)> Financial Accounting Global Settings> Extended With Holding Tax>With Holding Tax Code> Define Formulas for calculating with Holding Tax Codes.


Now maintain the formulae as under


Amount from Amount To       Percentage

0                      1500                 4

1501                999999999    0


Regards



Sanil


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