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Having the option to include withholding taxes within calculation (e.g. Retention de IVA, Retention de ISR from professionals and transportation services....) maybe ideal for purpose to easily settle sales tax calculation accrual.

Not having the option to include withholding taxes, user may conventionally journal entry the withholding entries to compose sales tax calculation.


Note: Articulo 1-A, Fraccion II, inciso C del impuesto al valor agregado.
Category: Tax
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Oops.
Withholding taxes retained to vendors (e.g. professional workforce and transportation services e.g. IVA 6% professionals IVA 4% transportation services) paid and cleared from bank reconciliations.

Category: Tax