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Kofax Virtualrescan 4.50


Lower ranked taxes are applied to the amount of theinvoice or distribution less the previous withholding tax amounts.The highest rank is 1. For example, define a withholding tax groupwith two tax codes. Tax A for 10 percent has a rank of 1, and taxB for 5 percent has a rank of 2. Payables calculates the withholdingtax for a 100 USD invoice as follows: tax A is 10 USD, tax B is 4.50USD (.05(100 - (100 * .10))).




Kofax Virtualrescan 4.50


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