June 2011
Beginner to intermediate
412 pages
9h 28m
English
Content preview from Oracle PeopleSoft Enterprise Financial Management 9.1 ImplementationBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Withholding
In many countries, organizations withhold (deduct) a percentage of the payment (as a tax to the government) while issuing payments to their vendors. For example, our organization purchases goods worth $10,000 from Computers Inc. Assume that this purchase attracts 30% tax for the vendor. In this case, Computers Inc. (seller) is liable to pay $300 on the sale of $1000. However, this tax amount is deducted by the buyer while issuing the payment itself and directly paid to the government. In other words, the purchasing organization will create a payment for only $700 for Computers Inc. Remaining amount of $300 is directly paid to the government.
PeopleSoft AP withholding feature can be used to address withholding requirements of various ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.