(THA, SAU, GBR, IRL) Set up a ledger posting group and attach it to a withholding tax code

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Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

You can create a ledger posting group, and then attach it to one or more withholding tax codes.

  1. Click General ledger > Setup > Withholding tax > Ledger posting groups.

  2. Create a new ledger posting group.

  3. In the Ledger posting group field, enter a code to identify the group.

  4. In the Description field, enter a description for the group.

  5. In the Withholding tax field, select a ledger account to post withholding tax that is calculated for a purchase. You must select an account with a Posting type of Withholding tax.

  6. In the Withholding tax offset field, select an offset type ledger account to post the withholding tax that is deducted from a customer’s purchase or sales order. You must select an account with a Posting type of Withholding tax.

  7. In the Settlement account field, select a ledger account to post the withholding tax settlement amount.

  8. Close the form.

  9. Click General ledger > Setup > Withholding tax > Withholding tax codes.

  10. Select the withholding tax code that you want to attach a ledger posting group to, and then click the General FastTab.

  11. In the Ledger posting group field, select the ledger posting group for the withholding tax code.

  12. Close the form.

See also

(THA, SAU, GBR, IRL) Withholding tax ledger posting groups (form)