How to Map Fiscal year in Tax withholding categories?

Please follow Below Steps carefully:
  • Go to Navigation Tab.
  • Go to Finance Management > Taxation.
  • Under the section Tax Configuration > click on tax withholding categories.
  • Select Tax Withholding Categories against which you need to map the fiscal year.
  • Click on add row and map the fiscal year 2022-2023
  • Enter 2022-2023 under the fiscal year section.
  • Enter the TAX component as TDS.
  • Enter Tax withholding rate.
  • Enter Single Transaction Threshold Limit
  • Enter Cumulative Transaction
  • Click on the save button.