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Allowing for tax deducted by clients
Rignold
Member Posts: 3
Hi
I'm a freelance worker and as such certain clients are obligated to deduct 25% tax from the amount I invoice them for. So I invoice for 10 000 and get paid 7 500 for instance. If i entered the paid amount into the app, it shows as a part payment. How do I allow for that?
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Hey @Rignold! I think this article may give a nice workaround: https://support.waveapps.com/hc/en-us/articles/115000031243 You can use this for partial payments too!
It looks like a similar question has been asked here, too! https://community.waveapps.com/discussion/2592/sales-invoices-overseas-payment-with-tax-deduction
I'll keep an eye on it and maybe we can all work on it together