How do I change the withheld amount on a payment for an invoice in the prior year?

KB256

Overview

If you make a payment for a supplier invoice that does not have an ABN (and doesn’t have the Don't withhold any tax for this supplier ticked on the supplier's card), then the payment will withhold money from the invoice payment. To stop this from happening, the invoice needs to have an ABN, however if the invoice is in a prior financial year, you won't be able to edit the invoice to add the ABN.

Process

There are two methods you can use to remove the withheld amount from the payment.

Method 2 should be used as a last resort as it bypasses some important checks. If you are unable to obtain the suppliers ABN, then you should be withholding from the payment.

  1. Enter the ABN on the supplier’s form - Accounts payable > Suppliers > Find supplier > Click on Account tab > Edit and add the ABN > Update.


  2. Run command SA4015 (use CTRL-SHIFT-R). This command will go through any supplier invoices without an ABN and enter the current ABN from their supplier form.
  1. Go to the Supplier's card, and on the Account tab, tick Don't withhold any tax for this supplier


  2. Edit the payment, and re-type the supplier invoice number so that the payment form re-assesses the withholding amount
  3. Once the payment has been processed, go back to your Supplier's card and remove the tick from the Don’t withhold any tax for this supplier box (this is an important check to have if you don’t have the suppliers ABN)

Did you find this article helpful?

If this article is missing information, ambiguous, or didn’t give you clear instructions, let us know and we will make it better! Please email us and quote the KB# in the top left of this article to let us know why it didn’t help you out and we will point you in the direction of additional information.

Last edit: 18/12/20