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Supplier Payments: Additional Withholding Income Tax


FastAccounts.io is currently the fastest-growing Cloud Accounting Software in Pakistan. This is a common practice to make Advance payments to the suppliers. Businesses also need to deduct the advance Withholding Income Tax from the payment. In the latest update, we have made the recording of this transaction much easier. 1. How to Record A...

Fast Accounts Expenses Module Update


1. Edit Supplier Sale Invoices / Supplier Bills In case of Edit of Supplier Bill or Supplier Credit, which has already been paid, the allocation of payments or credit offset will remain in place. However in case of Edit the total must be greater than previously paid or offset amount. 2. Batch Supplier Bills On batch supplier bill screen, t...