NOVAWHT: Withholding Tax

Our Business Central Addon for Withholding Tax ensures compliance, penalty avoidance, and simplified tax computation. Accurately calculate withholding tax based on ZATCA’s rates, eliminating errors and saving valuable time.

Key Features: Business Central Addon for Withholding Tax

• Stay updated with the latest withholding tax rates
• Easily manage withholding tax types and codes
• Define G/L account codes for each tax type and code combination
• Post withholding tax for a vendor when the invoice is paid (as per ZATCA)
• Seamlessly process vendor payments with withholding tax
• Track tax details, including base amount, withholding tax amount, tax rates, and tax codes
• Simplify report development based on withholding tax entries stored in masters.

Novasoft is a leading provider of consulting services and apps for Business Central in Saudi Arabia. Our certified and experienced consultants deliver top-tier business solutions that help shorten project timelines and enhance quality.