Re: 1099 Misc Withholding tax calculation for AP invoices

Hi Kunal,

This is the Standard accepted behavior . 1099 Vendor should be paid net of tax. Although you can change this setting

Financial Accounting Basic Settings (New)<Withholding Tax<Extended Withholding Tax<Calculation<Define Withholding Tax Type for Payment Posting

Click on FE

Change base amount from Net to Gross Amount.

and post a new invoice and clear the amount

Regards

Veenu