Do I need to take a backup before skipping TDS reference creation?
No, you need to take a backup before skipping TDS reference creation.
Frequently Asked Questions
Solutions to common issues related to Taxation — Tds Tcs Data Feeding And Report.
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Step-by-step Answers
In the TDS report, it's showing ,, Is that amount correct?
As per your records for TDS in BUSY it shows corret amount.
What is the group of TDS account ledger in BUSY?
The group of TDS account in BUSY software is duties and taxes
Which account should the TDS credit note be put in?.
The TDS credit note should be put in the TDS Payable Account.
How do I configure TDS salary deduction percentage in BUSY?
You can configure the TDS salary deduction percentage in the TDS category.
Can I apply multiple TDS in one voucher?
No, you can deduct only one type of TDS in a voucher.
I need a report in BUSY that displays my TDS and TCS deductions together in one report, rather than separately as in the standard reports. How can I achieve this?
In BUSY, You can view both the report seperately rather then one.
When making a journal entry for rent paid to a landlord, in which account should I enter the landlord creditors or debtors?
You have to enter the party as landlord under group sundry creditor.
I am unable to find the C form in BUSY. How can I get access to this form?
I apologize, but the 27C form is not available in BUSY.
How to stop TCS from being applied automatically to new accounts?
In accounts master set TCS as Not Applicable in Modify Mode
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