Nature :
e.g Received Invoice IT rental from Vendor object WHT Payable (PPH 23) 2%
IT Rental expense amount Rp 1,000,000
VAT Input 11% Rp. 110,000
Total Invoice Rp. 1,110,000
1) AP Accountant will proceed AP, journal created should be :
Db. Rental Expense Rp. 1,000,000
Db. VAT Input Rp. 110,000
Cr. AP non Trade to Vendor (Rp. 1,090,000)
Cr. WHT Payable (2%) (Rp. 20,000)
2) Payment due to Vendor, journal created :
Db. AP non Trade to Vendor Rp. 1,090,000
Cr. SCB Bank (Rp. 1,090,000)
3) Payment due to Tax office, journal created :
Db. WHT Payable Rp. 20,000
Cr. SCB Bank (Rp. 20,000)
Issue :
Currently WHT Payable account didn’t reflected in point (1) when AP Accountant posting AP journal.
While, when AP proceed for payment, upon journal posted and executed payment to Bank, WHT journal will posted as follows :
This is not correct journal, due to we required Withholding Tax Payable created when AP Posting.
Kindly advise.