What's the process to merge two TCS bills into one payment voucher?
You can merge the two TCS bill in the payment voucher on the basis of sub category code or reference to be selected in the TCS window.
Frequently Asked Questions
Solutions to common issues related to Taxation — Tds Tcs Data Feeding And Report.
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Step-by-step Answers
Why would the taxable amounts be different between two similar vouchers?
The taxable amounts be different in two similar vouchers, If you apply the bill sundry after the GST then it wil not consider in the taxable amount.
How do I add another general entry for TDS?
To add another general entry for TDS, go to the General Voucher screen and select the TDS ledger. Then enter the necessary details and save the entry.
I made a new TDS bill entry, but it is not getting picked up by default during invoice creation. How can I set the new TDS bill entry as the default option?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
I want the accounting software to pick up a new TDS bill entry I created rather than the old default one. What configuration do I need to change for this?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
The TDS amount is not reflecting in my sales bills even after deducting TDS. What settings do I need to change in BUSY to show TDS deductions on bills?
If the TDS amount is not reflecting in the sales voucher then make sure that the TDS bill sundry should be configured properly in the BUSY.
The accounting software automatically applies a default TDS bill entry when I create new invoices. How can I override this and select my preferred TDS bill entry instead?
The BUSY software pick the only default bill sundry from the F4 shortcut key. The new bill sundry have to add it manually in the voucher.
I have enabled TDS in BUSY, but I am still not able to generate Form What could be the reason for this?
Pls follow the steps to generate the form 16 A.
Step 1: Click on print/email/sms menu
Step 2: Then TDS/TCS reports
Step 3: Then form 16A
I want to charge TCS on sales invoices but it is not showing up in the TCS section. What should I do?
If you want to charge the TCS in the sales invoice,then make sure that tcs feature should enable in the BUSY and in the party master.
I entered TCS in a sales invoice but it is not showing in the GST reports. How can I resolve this?
The TCS data shows properly with reference wise in the TCS report but in the GST report, the TDS value get add in the invoice value.
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