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1 Objective and Scope
1.1 Objective of this Procedure
1.2 Scope
2 Reference Documents
3 Definitions
4 MAIN PART
4.1 Periodicity
4.2 Responsibility (who does what)
4.3 Procedure
4.3.1 What's Withholding Tax?
4.3.2 Accounting view
4.3.3 Steps of the process with all action owners
4.3.4 Reconciliation of accounts 2415000000 (PF1)/44700700 (RCS)
5 Appendix
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In some countries, payment of services invoices are subject to deduction of local taxes, this is called Withholding Tax or "withholding". The amount of tax is deducted by the payer of the amount due to the partner providing the service, the payer pays the tax directly to the government.
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- When invoice is assigned to WARP:
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Attach manually evidence in ERP manually (maybe improvements later)
Action owner : OtC
- RtR Bo ACP is in charge to clear the BS account impacted by the point 4, see action described below on point 4.3.4
- RtR FtO CAM is in charge to provide the information to RtR BO ACP to clear in the affiliate the Account for WT in BS with the P&L Account as follow:
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Application of the procedure descript below with impact in P&L
- No impact in P&L:
On a weekly basis BO SC will check if the proof of payment is in attachment of the postings. If we have no attachment we should request these to OtC.
The amount will remain open in BS.
On a monthly basis BO SC will provide to the CAM the extraction of the line items of the account.
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How to retrieve the information
Wiki Markup
For PF1/WP1 Go to *FBL3N*
Select variant *SBS BO WHT* * FBL3N
Select variant SBS BO WHT (PF1) / (WP1)*
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*Example of PF1:*
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*For PF1 case:*
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*+Transfer the amount line by line to P&L account+* with a final reporting division CC linked to the div that appear in the posting on the account *241500000* ex:
Use of the account *6720003209* + *CC xxDxxx* (e.i. : SMD850)
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*Mention obligatory in the posting on the account 6720003209:*
in text : WITHOLDING TAX ON INVOICES \[0001\]1000064656
in trading partner : Trading partner of the companies invoiced
Posting must be done line by line, and clearing of the BS 2415000000 must be done also amount by amount to be able to track directly the original posting on the 2415000000 as the proof of payment will be attached to the 2415000000
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*For WP1 case:*
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*+Transfer the amount line by line to P&L account+*
The input on the Profit Center market will be provided by the CAM of the companies
P&L
Example of PF1:
Layout /SBS BO WHT
For PF1 case:
Transfer the amount line by line to P&L account with a final reporting division CC linked to the div that appear in the posting on the account 241500000 ex:
Use of the account 6720003209 + CC462 (e.i. : SM46200000)
Mention obligatory in the posting on the account 6720003209:
in text : WITHOLDING TAX ON INVOICES [0001]1000064656
in trading partner : Trading partner of the companies invoiced
Posting must be done line by line, and clearing of the BS 2415000000 must be done also amount by amount to be able to track directly the original posting on the 2415000000 as the proof of payment will be attached to the 2415000000
For WP1 case:
Transfer the amount line by line to P&L account
The input on the Profit Center market will be provided by the CAM of the companies
P&L accounts:
- 98325190 if related to CBS Costs
- 98731000 if related to R&D
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Mention
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obligatory
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in
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the
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posting
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on
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the
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account
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98*
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in
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text
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:
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WITHOLDING
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TAX
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ON
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INVOICES
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[0001
...
]1000064656
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in
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trading
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partner
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:
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Trading
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partner
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of
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the
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companies
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invoiced
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Posting
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must
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be
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done
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line
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by
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line,
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and
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clearing
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of
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the
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BS
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44700700
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must
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be
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done
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also
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amount
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by
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amount
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to
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be
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able
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to
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track
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directly
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the
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original
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posting
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on
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the
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44700700
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as
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the
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proof
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of
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payment
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will
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be
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attached
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to
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the
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44700700
Example for PF1:
How to make the posting in both systems
1st – Select the posting you want to reclassify
2nd – check if the posting has the proof of payment in attachment
Note: If no proof of payment in attach, please contact OtC by sales force case.
3rd – Go to FB05 and perform a "transfer posting with clearing"
Debit the account 6720003209 for PF1 (to allocate the amount directly to P&L) and use the correct reporting cost center (attention with the business area. In this example is 85008950). 
In the text mention to the invoice related (in this case 10000062853).
To reach the invoice please check the instructions more forward.
Then select
- Edit
- Choose Open items
- Flag the options below:
- Select the document you are reclassifying
You will find the amount to balance your posting:
- Simulate the posting
Check if everything is inline and perform the posting.
To reach the original invoice follow the steps below:
Open the document and select the line of the customer
Click in the document linked to the clearing and select the payment usage:
You will reach the document for the underpayment.
Select the document and
Click in the document linked to the clearing and select the payment usage:
And you will find the C0 related to this operation:
Now you can update the text of the posting with the invoice related.
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Appendix
N/A
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