3721932 - Withholding Tax Reporting Philippines - SAP S/4HANA Public Cloud

Configuration steps for Withholding Tax Reporting Philippines.

SAP S/4HANA Public Cloud

Following reporting types are available for the country Philippines:

Monthly Remittance form:

• 0619-E - Creditable income taxes withheld(Expanded)
• 0619-F - Final Income Tax Withheld

Quarterly Remittance return:

• 1601-EQ -  Creditable income taxes withheld(Expanded)
• 1601-FQ -  Final Income Tax Withheld

Supplier Certificate:

• BIR 2307 – Business partner certificates 

1. Withholding tax can be configured either at payment time or invoice time posting.
2. Official Withholding Tax Key called ATC (Alphanumeric Tax Code) in Philippines must be maintained and assigned to withholding tax code. Based on this key, the document will be selected in the appropriate report. Configuration Activity 104229.
3. TIN number must be maintained for the company code under field VAT Registration Number.
4. Supplier TIN number must be maintained in BP->Vendor->General data-> Identification. The tax categories should be PH1 or PH3.
5. The value in the checkbox "Category of withholding tax agent" in the form 1601 EQ depends on the report category parameter 'FIPH_WHT_AGENT_CAT'. A value 'X' in this parameter would mean 'Government'. The value Blank in this parameter would mean 'Private'.

Withholding Tax Reporting

Withholding Tax Configurations

Official Document Numbering

bir 2307, run statutory reports app, sap s/4hana cloud public edition, withholding tax reporting, Philippines, PH,  , KBA , FI-AP-AP-Q1 , Withholding Tax (Reporting) , Problem