Improvements Introduced

Withholding Tax enhancement

The Withholding Tax functionality is enhanced in this version of AutoCount Accounting. To start using it, the user must first enable the function in the Withholding Tax section of the Options window (as shown below)

Enable the Withholding Tax Code function

After the function is enabled, the user can then go into the General Maintenance menu and select the Withholding Tax Maintenance item to access the Withholding Tax Maintenance window.

Select the Withholding Tax Maintenance item to access its window

Inside this window, the user can create, edit or delete the Withholding Tax Code. The Withholding Tax Codes are divided into two types which are the Receipt type and the Payment type.

The Withholding Tax Maintenance window

Creating a new Withholding Tax Code

After the user is done with the creation of the required Withholding Tax Code, they can now start using the functionality in the ARAP Payment and Refund. During the time of writing, it is planned that the Payment and Receipt Voucher in Cash Book to have the same functionality in an upcoming release. To use the functionality, user can either double click on the value in the Withholding Tax column of the detail portion of the document or pull out the Withholding Tax Detail column from the Column Chooser to have access to a button that opens the Withholding Tax Document window. In this window the user can enter the detail of the Withholding Tax for the particular detail.

Accessing the Withholding Tax Document window

The Withholding Tax Document window

The result when the data entry is done

The Withholding Tax enhancement is also applicable to the Withholding Tax Transaction Listing report where the report itself is now grouped by the types of Withholding Tax Codes.

The enhanced Withholding Tax Transaction Listing report