CLEARED INTERVIEW WITH #CAPGMEINI for knowing about #WHT 📑𝑩𝒂𝒔𝒊𝒄 𝑪𝒐𝒏𝒄𝒆𝒑𝒕: Withholding tax in SAP S4HANA is like an automatic tax deduction system. A XYZ company paying $1,000 to a vendor for a service. Country's tax law says company must deduct 10% as tax before paying. So, with SAP, when you pay, it takes $100 (10%) for tax and pays the vendor $900. Later, it helps you report and pay that $100 tax to the government. It ensures you follow tax rules, just like when your employer withholds some...
