Hi,
Am having a problem with a USD customer receipt transaction that contains a withholding tax as follows.
The invoice is for $141.60, so when the customer pays, they pay $134.40 after deducting (6%) = $7.20 withholding tax
So when I go th MAIN MENU --> RECEIVABLES --> ENTER RECEIPTS
I select the USD bank account, and USD currency and the bottom part looks like this:
Then after I click the ACCEPT AND PROCESS BATCH I get the following
But the transaction still gets posted and looks like this:
In the above receipt-1500 transaction, the first 2 lines the amounts are in my local currency but the third line (WHT) is in USD and this is what is causing the entry not to balance.
What am I doing wrong ?
Thanks in Advance
R2-g