(IND) Create withholding tax journal (form)

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

Click General ledger > Journals > General journal. Click Lines, and then click Functions > Create withholding tax journal.

Use this form to adjust the tax that is created from tax journals.

Task that uses this form

The following tables provide descriptions for the controls in this form.

Button	Description
Transfer	Transfer the calculated tax to the general journal.
Calculate tax	Calculate the withholding tax for the transaction.
Select transaction	Open the Customer transactions or Vendor transactions form, where you can select a voucher.

Field	Description
Tax type	Select one of the following tax types for adjustment: TDS TCS
Tax group	Select the tax group to calculate withholding tax.
Tax direction	Select the direction of the adjusted tax from the following options: Recoverable – Tax amount recoverable from the tax department. Payable – Tax amount payable to the tax department.
Customer	Select the customer account where the tax is being adjusted.
Vendor	Select the vendor account where the tax is being adjusted.
Voucher	The voucher related to the transaction.
Default offset account type	Select the offset account type from the following options: Customer Vendor Project Bank Ledger Fixed assets
Default offset account	Select the offset account for the transaction.
Amount origin	Enter the base amount for tax calculation.
Transaction date	Update the transaction date.
Tax code	The tax code for the transaction.
Tax component	The tax component for the transaction.
Account	The account code for the transaction.
Amount	The calculated tax amount for the transaction.

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