Frequently Asked
Questions

Q: Despite specifying the correct TDS rate, why is the TDS amount being deducted incorrectly in the system?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: Why is the TDS amount showing incorrectly even after entering the correct TDS percentage in BUSY?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: Why is the TDS amount not calculating correctly in vendor invoices in BUSY?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: How can I deduct TDS from a party's payment in the software?

To deduct TDS from a party in payment voucher, you need to follow these steps: Step 1: First you need to enable TDS by going to administration menu then click on configuration. Step 2: Select features and options then click on TDS or TCS tab and tick on enable TDS reporting. Step 3: Enter the required details and set warning only in the warning for tds in payment u/s 194Q then save. Step 4: Open the party master and when you enter on group a window will appear in which you can configure for TDS and specify the payee category. Step 5: After configuration when you create a payment voucher the TDS will auto apply if limit crossed.

Q: Why is TDS not calculating correctly in my reports?"

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: How do I troubleshoot TDS calculation issues?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: The expense voucher amount and TDS amount are not matching in my books in BUSY. What could be the issue?

If the expense amount and TDS amount is mismatch, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: I am unable to record entries properly in the TDS section of BUSY. How can I resolve this?

To record the TDS entries properly in the voucher, Then pls follow the below steps : Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate. Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master. Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated. Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Q: The TCS amount is not reflecting correctly in my books. What should I check to resolve this?

If the TCS amount is not showing correctly in your books, Then follow the below steps. Step 1: The TCS feature should be enable in the party master and set the applicability after limit. Step 2: Mention the PAN number in the party master for calculating the correct TCS value. Step 3: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero. Step 4: In the TCS bill sundry, The tcs deduction amount should calculate either on net bill amount or taxable amount as per your requirement. Step 5: You can check the reconcile accounts and TCS report then correct it entries if required.

Q: I am unable to find the TDS report in BUSY. How can I enable and view the TDS report?

If you not able to see the TDS report in the display menu then TDS option is disable in BUSY and you have to enable it from below steps. Step 1: Click on Administration Step 2: Then Configuration Step 3: Then Features and Options Step 4: Then click on TDS/TCS Step 5: Enable the TDS/TCS option Step 6: Mention the warning for TDS as per your requirement in the bottom. You can view the TDS report from below steps : Step 1: Click on Display menu Step 2: Then TDS/TCS Reports Step 3: Then TDS Deduction details Here select the category and then apply filter on party to view the report.

Find Solutions to Common Issues Related to taxation - tds tcs data feeding and report

Taxation (GST/VAT/TDS/TCS/RCM)

Export/Import/Data Conversion

Errors (RTE/Ransome), Feedbacks and Bugs

Barcode, QR Code and Lable Printing

License Management/Softlock/Hardlock

Enquiry/Upgrade/Visit/Renewal

UMS Related Issue (Dealer Query)

Software Features

Implementation

Dealer Complaint/Issues

Enquiry/Upgrade/Visit/Renewal

Dealer Complaint/Issues

Despite specifying the correct TDS rate, why is the TDS amount being deducted incorrectly in the system?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Why is the TDS amount showing incorrectly even after entering the correct TDS percentage in BUSY?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

Why is the TDS amount not calculating correctly in vendor invoices in BUSY?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

How can I deduct TDS from a party's payment in the software?

To deduct TDS from a party in payment voucher, you need to follow these steps:
Step 1: First you need to enable TDS by going to administration menu then click on configuration.
Step 2: Select features and options then click on TDS or TCS tab and tick on enable TDS reporting.
Step 3: Enter the required details and set warning only in the warning for tds in payment u/s 194Q then save.
Step 4: Open the party master and when you enter on group a window will appear in which you can configure for TDS and specify the payee category.
Step 5: After configuration when you create a payment voucher the TDS will auto apply if limit crossed.

Why is TDS not calculating correctly in my reports?"

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

How do I troubleshoot TDS calculation issues?

When TDS rate is not calculating correctly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

The expense voucher amount and TDS amount are not matching in my books in BUSY. What could be the issue?

If the expense amount and TDS amount is mismatch, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

I am unable to record entries properly in the TDS section of BUSY. How can I resolve this?

To record the TDS entries properly in the voucher, Then pls follow the below steps :
 Step 1: For TDS 194Q, Make sure that you have mention the PAN number in the party master. As if we do not mention the PAN number then will get charge by 5 percent rate.
 Step 2: For TDS Expense, Make sure you have mention the correct payee category in the party master.
 Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and the option on which tds will be calculated.
 Step 4: In TDS Account, Make sure that the correct TDS category should be tag in the tds account master.

The TCS amount is not reflecting correctly in my books. What should I check to resolve this?

If the TCS amount is not showing correctly in your books, Then follow the below steps.
 Step 1: The TCS feature should be enable in the party master and set the applicability after limit.
 Step 2: Mention the PAN number in the party master for calculating the correct TCS value.
 Step 3: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero.
 Step 4: In the TCS bill sundry, The tcs deduction amount should calculate either on net bill amount or taxable amount as per your requirement.
 Step 5: You can check the reconcile accounts and TCS report then correct it entries if required.

I am unable to find the TDS report in BUSY. How can I enable and view the TDS report?

If you not able to see the TDS report in the display menu then TDS option is disable in BUSY and you have to enable it from below steps.
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Then click on TDS/TCS
 Step 5: Enable the TDS/TCS option
 Step 6: Mention the warning for TDS as per your requirement in the bottom.
 You can view the TDS report from below steps :
 Step 1: Click on Display menu
 Step 2: Then TDS/TCS Reports
 Step 3: Then TDS Deduction details
 Here select the category and then apply filter on party to view the report.

Frequently AskedQuestions