Can you help me how I can less the total Withholding Tax in my Sales, like 2% for goods and 5% for services, it will less on my VAT Sales.

Welcome to the Community forum, digiarts2023.

To help you manage and deduct withholding taxes in your sales, you need to account for withholding as a deduction from your revenue and track it as an expense. With that, you’ll need to set up a withholding tax expense account to record all withheld taxes for accurate tracking. 

Although QuickBooks doesn’t automate the complete calculation process (e.g, dividing by 1.12 for VAT Sales or applying the 5% Withholding Tax deduction), you’ll have to manually calculate these amounts before entering them into QuickBooks.

When your customer pays their invoice but withholds tax, you can create a credit note to record the withheld tax as an expense. This ensures the invoice is fully settled and your net income remains accurate after tax deductions. Refer to the steps in this article for more detailed guidance: Record a tax withheld by my customer.

Once done, you can run specific reports to keep track of your business finances.

If there’s anything else you need further assistance with, feel free to let us know below. We’re here to help.