| Withholding tax on payment postings |  |
| Postings for withholding tax on payment of the purchase invoice Step 1. Purchase invoice registration If you register the purchase invoice, ERP LN creates the following postings:
Amount | Debit/ Credit | Ledger account | Defined in session
--- | --- | --- | ---
Costs | Debit | Account of the invoice line | Depends on the set up.
Interim VAT on payments | Debit | Purchase Tax on Payments (Interim) of the VAT tax code | Posting Data for Tax Codes (tfgld0171s000) or Posting Data for Multiple Tax Codes (tfgld0170s000)
Accounts payable | Credit | ACP control account | Accounts by Financial BP Group (tfacp0110m100)
. Step 2. Purchase invoice payment If you finalize the payment of the purchase invoice, ERP LN creates the following postings:
Amount | Debit/ Credit | Ledger account | Defined in session
--- | --- | --- | ---
Accounts payable | Debit | Control Account | Accounts by Financial BP Group (tfacp0110m100)
Interim VAT on payments | Credit | Purchase Tax on Payments (Interim) of the VAT tax code | Posting Data for Tax Codes (tfgld0171s000) or Posting Data for Multiple Tax Codes (tfgld0170s000)
VAT Reveivable | Debit | Purchase Tax account of the VAT tax code
Social contribution payable | Credit | Purchase Tax account of the Withholding Social Contribution tax code
Social contribution expense | Debit | Social Contribution (Company Expense) account of the Social Contribution (Company Expense) tax code
Social contribution payable | Credit | Purchase Tax account of the Social Contribution (Company Expense) tax code
Income tax payable | Credit | Purchase Tax account of the Withholding Income Tax tax code
Bank | Credit | Account selected for the transaction type used for the bank in Cash Management. |
. Related topics Withholding tax paid periodically - postings Withholding tax postings To process tax declarations |