I sent an invoice to a customer. The customer deducted 5% of the invoice amount as withholding tax (WHT) and paid the reminder to us.
The customer will send to us a WHT credit note (certificate) issued by the Government in favour of the payment much later in the year (anytime). The credit note is usable to discount company income tax.
My question how do you apply the withholding tax against a customer sales invoice. I have applied the payment, but invoice status is show overdue because I still need to apply the value in the WHT.