GST and Withholding Tax in Pakistan

Thanks for posting to the Community, @Saadi693.

To account for these GST taxes, I suggest following the steps in this article: Setting up QuickBooks for GST. This way, you'll have your details set up correctly, from adding your GSTIN details to recording your GSTIN of customers and creating a GST invoice.

On the other hand, you'll want to set up a withholding tax item and set up an expense account to track the charges.

Step 1: Set up a withholding tax expense account:

1. Go to the Gear menu, select Chart of Accounts.
2. Select New.
3. From the Account Type drop-down, select Other Expense.
4. From the Detail Type drop-down, select Other Miscellaneous Expense or Other Expense.
5. Name the account "Withholding Tax," then Save.

Step 2: Set up a withholding tax expense item:

1. From the Gear menu, select Products and Services.
2. Select New, then choose Service.
3. Name the item "Withholding Tax."
4. From the Income account drop-down, select the withholding tax expense account that you’ve just created.
5. Save and close.

You can go through this article for the other steps (move to Step 3): How do I record tax withheld by my customer?

Additionally, this will give you insights on how to record multiple customer payments or partial payments: Record invoice payments in QuickBooks Online

Feel free to add a comment below if you other QuickBooks concerns. I'm always here to back you up. More power to your business!

Net Received in Bank: Rs. 100 (Invoice Value + 50% GST).Less 7.47 WHIT and when received WHIT challan then receive the same from client account against the same invoice and more receive GST WH challan or certificate and do the zero amount of that invoice.

Your invoice receivable nil and WHIT your advance tax and Wh ST is your input WH and adjusted against next return of STax