Some of my reports are showing incorrect TDS calculations. What ledgers should I check to troubleshoot this?
If your TDS reports is showing incorrect tds calculations you can check the TDS ledger to troubleshoot this issue accordingly
Frequently Asked Questions
Solutions to common issues related to Taxation — Tds Tcs Data Feeding And Report.
Support
Step-by-step Answers
Who can I contact to get assistance with customizing BUSY for automatic TCS collection?
You can contact us anytime for the support or email at us support@busy.in. Also can contact to the channel partner.
What is the correct TDS category for salary payments in BUSY?
For Salary Payment, You have to select the TDS salary account whose tax type structure should be TDS Non salary.
I am unable to find the option to create purchase voucher TDS references in BUSY. How do I create references for purchase vouchers?
When the TDS feature in enable in the party master then tds reference creation window show in the voucher.
Some entries are not tagged properly TDS from the beginning. How can I bulk fix the tags retrospectively?
When some entries are not tagged TDS from the beginning then have to add it manually in the voucher.
I am unable to see the taxable amount for TDS deduction in the voucher. What should I check?
In the purchase voucher, you can see the taxable amount in the tax summary which shows at left bottom.
How can I apply TDS in BUSY for specific categories like advertising or professional fees from the start?
You can apply the TDS for the specific category by enabling the tds feature only in required expense account.
Can I automate generation of TDS returns across all my BUSY company files from a single place?
No, you cannot automate the generation of TDS returns across all your BUSY company files from a single place.
Can I create my own TDS percentage master account instead of using the ones provided?
Yes, you can create a custom TDS master type in BUSY as create new TDS Category from Master menu.
Should I choose not applicable in GST nature if TDS is deducted through journal?
Yes you should use GST nature as not applicable in GST nature field if TDS deducted through journal voucher.
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