SAP Note 590375 - Classic withholding tax: 'Round down' in Japan

Component : Withholding Tax (Calculation) -

Solution : https://service.sap.com/sap/support/notes/590375 (SAP Service marketplace login required)

Summary :
This SAP Note addresses a software defect affecting the classic withholding tax rounding functionality within the Japanese tax locale. The system would mistakenly round up to one yen when the withholding tax calculated resulted in zero. This error pertains specifically to scenarios dealing with the classic withholding tax calculation in Japan, where the financial regulation stipulates rounding down to the lowest decimal. The error is identified as a programming malfunction. The recommend course of action is to apply the included program correction to resolve this discrepancy.

Key words :
classic withholding tax, withholding tax amounts, withholding tax amount, terms wt code, attached program correction, program error, predicimal place, rounding reason, solution implement, prerequisites

Related Notes :

620609Incorrect classic withholding tax amount in formula
572198Withholding tax rounding for Australia
134581'Round-off' requirement for Withholding tax in Japan