ADS WHT (Withholding Tax)

WHT (Withholding tax (WHT), also known as retention tax, is an income tax that is withheld by a payer from the payments made to an overseas or non-resident payee or supplier.

ADS WHT will provide the WHT functionality to assist company to calculate and capture WHT when payment being made to overseas or non-resident payee or supplier.

This will facilitate company on WHT compliance with local tax authority.

ADS WHT (Withholding Tax) can offer several benefits to view all entries that relate to withholding tax, which we can produce tax reports and do the data analysis base one entry to declare with government tax department.

Here are some of the key advantages:

1. Efficiency and Automation WHT calculation:

- ADS WHT (Withholding Tax) by system automating calculation the base amount of WHT and percentage, it eliminates the need to avoid wrong calculation by manual, saving time, and reducing human error.

2. Improved Tax on financial reporting:

- ADS WHT (Withholding Tax) allows you to produce multiple tax reports based on WHT entry, helping you better manage tax report by ensuring that taxes are reporting and declare correctly to tax department and save time.

Major Functionality:

- ADS WHT (Withholding Tax)

In summary, to customize withholding tax (WHT) into Dynamics 365 Business Central can lead to increased efficiency, on improved WHT calculation, and financial tax reporting enhanced security, and better compliance, ultimately contributing to the overall success of your business.

Supported Editions:
Dynamics 365 Business Central Essential

Dynamics 365 Business Central Premium

Supported Countries:

Malaysia, Cambodia, Indonesia, Singapore, Thailand, Hong Kong

Supported Language:
English.