The Withholding Tax Receipts tab is mainly designed to help you keep track of all the withholding tax receipts you receive from customers. This feature is crucial for businesses to ensure they report taxes accurately by maintaining a record of the amounts withheld from payments.
To generate a new withholding tax receipt, click the New Withholding Tax Receipt button.
The Withholding Tax Receipts tab includes several columns.
Receipt date for withholding tax
Customer name providing the withholding tax receipt
Withholding tax receipt explanation
Value indicated on withholding tax receipt