Frequently Asked Questions

If TCS tax Report showing blank while we try to print or preview. Some possible reasons could be following. Kindly follow the following Steps. 
 Step 1: Ensure that you are using the latest version of the BUSY. 
 Step 2: Incorrect data entry: Double-check the data you have entered for accuracy, including the TCS amounts, TCS Ref. No. and other relevant details 
 Step 3: TCS deducted or not in sale bill entry. 
 Step 4: Check TCS Deducted Invoice date and Tax collected on date. 
 Step 5: To generate TCS Report Go to Display Menu click on TDS / TCS Reports. 
 Step 6: Click on TCS Collection Details option 
 Step 7: Select All Category - All References option 
 Step 8: Select Stating date, Ending date and Report Status as on date. 
 Step 9: click on OK

You can add the TCS bill sundry in BUSY from below steps.
 Pls Follow the below Steps:
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Bill Sundry
 Step 4: Then Add 
 Step 5: Mention the name as TCS 
 Step 5: Select Bill Sundry Type as Additive and Bill Sundry Nature as TCS
 Step 6: In the Accounting in sales box, You have to mention the enable the affect accounting option
 Step 7: Then Set N for adjust in the sales amount and specify the TCS account and Yes the adjust in the party amount.
 Step 8: On Right side,You have to select the amount of bill sundry to be fed as percentage on taxable or net bill amount as per your requirement and save it
 Step 9: During the Sales voucher, Apply the TCS Bill Sundry.

Why we get warning beacuse if in the party master - TCS window selected option of Applicable from start than only will ask to deduction warnings of TCS even for low-value of invoice.
 How can we stop TCS warnings even for low-value of invoice.Kindly follow the following Steps.
 Step 1: Go to the Administration Menu
 Step 2: Click on Masters
 Step 3: Select Account Menu
 Step 4: Under Account Menu click on Modify
 Step 5: Select Party Name which while making invoice giving warning of TCS deduction even for low-value invoices.
 Step 6: After Modify party master Enter on party group pop up window will be open of TDS/TCS Info.for Acc. 
 Step 7: An On pop up window of TDS/TCS Info.for Acc. click on drop down option of TCS on Rcpt./Sale u/s 206C(1H) and select option Applicable after limit.

the TDS process in BUSY id given below 
first we need to enable TDS in BUSY 
1: Click on Administration
2: Then Configuration
3: Then Features and Options
4: Enable the TDS/TCS option
5: Mention the warning for TDS purachse and payment voucher as per your requirement in the bottom.
6: Select skipping TDS reference creation as Warning only or No action and save the configuration.
7: Open the party account in modify mode
8: Then in TDS/TCS window, mention the applicable limit- as per your requirement and payee category.
9: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.
To generate TDS return file follow these steps 
1: Go to Print Email Sms and then click on TDS TCS Report.
2: Now select eTDS Return and here you can export text format. 
3: then use it to upload TDS return on portal.

The TDS payments made in April may be showing against May in the 26Q form due to the payment date being in May. 
 if Purchase voucher date or expense date selected 01-04-23 & TDS Deduction date selected on 01-05-23. so that entry will not show in April Month. that entry will reflect in May Month. To check & Correct the entry. Kindly follow the following Steps. 
 Step 1: Go to Transactions Menu 
 Step 2: Click on Purchase vouchers option 
 Step 3: Click Modify Purchase Bill which is not reflecting in April month. 
 Step 4: Click on save voucher will get popup of Adjust TDS References. 
 Step 5: Check the TDS Deduction Details Where Ref. No.& date of TDS Ded. On & Expense Date. 
 Step 6: click on OK and save purchase voucher.

If you had made tds deduction on commission expenses but they are not reflecting in the tds 
 non salary tds reports then follow the steps 
 Step1 go to transaction menu and click on journal and modify 
 step2 serach the voucher of Commission expense and open it 
 step3 ensure that you have enable tds on expense ledger and selected tds category properly 
 and also ensure that the party master have enable the tds on expense and set the payee category 
 Step4 then modify the the expense voucehr where expense should debit and party should 
 credit after selecting party tds deduction box will open select yes and post tds 
 Step5 then on TDS deduction window generate tds reference and save to see its effect on 
 tds deduction details non salary

To enable and calculate TDS on commission in BUSY, you need to do the following:
Step 1: First, go to the Administration menu and click on Configurations. 
Step 2: Next, select Features / Options and click on TDS / TCS. This will open the TDS / TCS Configuration screen.
Step 3: Then, mark the checkbox of Enable TDS Reporting. This will enable the TDS feature in BUSY.
Step 4: After that, create a commission master from the Masters menu and select Account and enable the option TDS on Expense and select the TDS category from the dropdown list that appears.
Step 5: In the party master, also enable the option Enable for TDS on Expense and select the payee category.
Step 6: Finally, when you create a payment or journal voucher for commission, BUSY will automatically calculate and deduct the TDS amount.

When the TDS is not calculating automatically for the vendor bills exceeded with 50 lakh then make sure that tds configuration should done properly in BUSY and TDS is enable in the party master.
 Pls Follow the Below the Steps for TDS Calculation :
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Enable the TDS/TCS option
 Step 5: Mention the warning for TDS purachse and payment voucher as per your requirement in the bottom.
 Step 6: Open the party account in modify mode
 Step 7: Then in TDS/TCS window, mention the applicable limit- Applicable after limit.Then TDS will get charge if the limit get cross after 50 lakh.
 Step 8: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.

When the TDS is not calculating automatically for the vendor bills exceeded with 50 lakh then make sure that tds configuration should done properly in BUSY and TDS is enable in the party master.
 Pls Follow the Below the Steps for TDS Calculation :
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Enable the TDS/TCS option
 Step 5: Mention the warning for TDS purachse and payment voucher as per your requirement in the bottom.
 Step 6: Open the party account in modify mode
 Step 7: Then in TDS/TCS window, mention the applicable limit- Applicable after limit.Then TDS will get charge if the limit get cross after 50 lakh.
 Step 8: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.

When the TDS is not calculating automatically for the vendor bills exceeded with 50 lakh then make sure that tds configuration should done properly in BUSY and TDS is enable in the party master.
 Pls Follow the Below the Steps for TDS Calculation :
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Enable the TDS/TCS option
 Step 5: Mention the warning for TDS purachse and payment voucher as per your requirement in the bottom.
 Step 6: Open the party account in modify mode
 Step 7: Then in TDS/TCS window, mention the applicable limit- Applicable after limit.Then TDS will get charge if the limit get cross after 50 lakh.
 Step 8: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.