How to use OM_WTH - WHT Remittance Statement and Summary

OM_WTH - Overview

• Transaction Code: OM_WTH

  Description: WHT Remittance Statement and Summary

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > Accounts Payable > Withholding Tax > Oman > Withholding Tax Remittance Statement and Summary

• • Program: RPFIOM_WITH

    Screen: 1000

    Authorization Object:

  • Development Package: GLO_FIN_FI_OM

    Package Description: FI Localization for Private Oman

    Parent Package: GLO_FIN_FI

  • Module/Component: FI-LOC-FI

    Description: Localization Financials

OM_WTH - Details

• SAP Tcode: OM_WTH - WHT Remittance Statement and Summary

  
  Overview:
  The SAP transaction code OM_WTH is used to generate a Withholding Tax (WHT) Remittance Statement and Summary. This statement is used to report the withholding tax amounts that have been deducted from payments made to vendors. 
  
  Functionality: 
  The OM_WTH transaction code allows users to generate a WHT Remittance Statement and Summary. This statement includes information such as the vendor name, withholding tax amount, and payment date. The statement also provides a summary of the total withholding tax amount for the period. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OM_WTH in the command field. 
  2. Select the company code for which you want to generate the WHT Remittance Statement and Summary. 
  3. Enter the period for which you want to generate the statement. 
  4. Select the output format for the statement (e.g., PDF, Excel, etc.). 
  5. Click “Execute” to generate the statement. 
  
  Other Recommendations: 
  It is recommended that users review the generated WHT Remittance Statement and Summary before submitting it to ensure accuracy and completeness of information. Additionally, users should ensure that all withholding taxes are reported accurately and in a timely manner in order to avoid any penalties or fines from tax authorities.