Frequently Asked
Questions

Q: I am unable to generate TDS reports in BUSY. What should I do to resolve this issue?

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.

Q: How can I configure TDS on rent expenses in BUSY? Where do I need to enable it?

The correct way to record the rent expenses in BUSY. Step 1: You have to create the rent account in under indirect expense and tag the tds category of rent on land, building,furniture etc. Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the doctor fee account and CREDIT the party account and TDS account. When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment. Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

Q: How can I resolve issues with TDS calculations on purchase bills?

To resolve issues with the TDS calculations on purchase bills, Then follow the below steps. Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration. Step 2: The TDS feature should be enable in the party master and set the applicability after limit. Step 3: Mention the PAN number in the party master for calculating the correct TDS value. Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero. Step 5: In the TDS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

Q: The TDS amount deducted is not showing correctly in the vendor ledger. What could be the reason for this discrepancy? How can I resolve it?

When the TDS amount is not showing correctly in BUSY, then follow the below steps. Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration. Step 2: The TDS feature should be enable in the party master and set the applicability after limit. Step 3: Mention the PAN number in the party master for calculating the correct TDS value. Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero. Step 5: In the TDS bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

Q: I am unable to get TDS deduction on brokerage fees in BUSY. How can I resolve this?

For TDS Deduction, You need to enable the TDS feature from features and options and in the party master. Step 1: Mention the TDS category in the brokerage fee expense account Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the brokerage fee expense account and CREDIT the party account and TDS account. When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment. Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

Q: How to ensure the correct TDS amount is calculated in the voucher as per IT rules?

You can ensure for the correct TDS amount in BUSY from the below steps. Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration. Step 2: The TDS feature should be enable in the party master and set the applicability after limit. Step 3: Mention the PAN number in the party master for calculating the correct TDS value. Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero. Step 5: In the TDS bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

Q: What is the process to claim TDS deduction on brokerage or professional fees in BUSY?

For TDS Deduction, You need to enable the TDS feature from features and options and in the party master. Step 1: Mention the TDS category in the brokerage fee expense account Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the brokerage fee expense account and CREDIT the party account and TDS account. When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment. Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

Q: How can I resolve issues preventing the generation of TCS and TDS reports in BUSY?

To resolve issues preventing the generation of TCS and TDS reports in BUSY, you can try the following steps: 1. Enable TCS and TDS reporting in the configuration settings of BUSY. 2. Ensure that the TCS and TDS features are enabled on the main server system. 3. Check if the TCS and TDS rates and sections are correctly configured in BUSY. 4. Make sure that the payment vouchers have the correct references and codes for TCS and TDS. 5. Verify that the accounts are correctly mapped for TDS and TCS to reflect accurately in the software reports. 6. If the issue persists, contact BUSY customer support for further assistance.

Q: I received a TDS New Reference pop-up in BUSY what should I do with this?

To calculate the TDS automatically and generate TDS reference , then follow the steps. 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: Select skipping TDS reference creation as Warning only or No action. Step 7: Open the party account in modify mode Step 8: Then in TDS/TCS window, mention the applicable limit- as per your requirement and payee category. Step 9: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.

Q: How can i do TDS entry in BUSY through a Jounral Voucher option?

Yes, you can do TDS Entry through a Journal Voucher option in BUSY. Step 1: Go to Transactions click on Journal Voucher option. Step 2: Select Voucher Series Name, Date, Voucher no. Step 3: GST Nature Step 4: Select Debit expense account and credit the Party account, credit TDS Ledger and enter Amount. Step 5: You need to Enable TDS on Expense booking in Party Account master. Step 6: Select payee Category as Domestic Company or as per the party's details. Step 7: click on Save Voucher, after click on save will get popup window of TDS deduction details. Step 8: Enter Details of TDS deduction and click on Ok.

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

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License Management/Softlock/Hardlock

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Dealer Complaint/Issues

I am unable to generate TDS reports in BUSY. What should I do to resolve this issue?

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.

How can I configure TDS on rent expenses in BUSY? Where do I need to enable it?

The correct way to record the rent expenses in BUSY.
 Step 1: You have to create the rent account in under indirect expense and tag the tds category of rent on land, building,furniture etc.
 Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the doctor fee account and CREDIT the party account and TDS account.
 When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment.
 Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

How can I resolve issues with TDS calculations on purchase bills?

To resolve issues with the TDS calculations on purchase bills, Then follow the below steps.
 Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TDS feature should be enable in the party master and set the applicability after limit.
 Step 3: Mention the PAN number in the party master for calculating the correct TDS value.
 Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero.
 Step 5: In the TDS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

The TDS amount deducted is not showing correctly in the vendor ledger. What could be the reason for this discrepancy? How can I resolve it?

When the TDS amount is not showing correctly in BUSY, then follow the below steps.
 Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TDS feature should be enable in the party master and set the applicability after limit.
 Step 3: Mention the PAN number in the party master for calculating the correct TDS value.
 Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero.
 Step 5: In the TDS bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

I am unable to get TDS deduction on brokerage fees in BUSY. How can I resolve this?

For TDS Deduction, You need to enable the TDS feature from features and options and in the party master. 
 Step 1: Mention the TDS category in the brokerage fee expense account
 Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the brokerage fee expense account and CREDIT the party account and TDS account.
 When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment.
 Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

How to ensure the correct TDS amount is calculated in the voucher as per IT rules?

You can ensure for the correct TDS amount in BUSY from the below steps.
 Step 1: Make sure the TDS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TDS feature should be enable in the party master and set the applicability after limit.
 Step 3: Mention the PAN number in the party master for calculating the correct TDS value.
 Step 4: In the TDS bill sundry, the correct tds account should be tag and default value should be zero.
 Step 5: In the TDS bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

What is the process to claim TDS deduction on brokerage or professional fees in BUSY?

For TDS Deduction, You need to enable the TDS feature from features and options and in the party master. 
 Step 1: Mention the TDS category in the brokerage fee expense account
 Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the brokerage fee expense account and CREDIT the party account and TDS account.
 When you save the voucher the tds reference will get create and can adjust the refernce during the TDS payment.
 Step 3: When you do the TDS payment, Then DEBIT the tds acccount and CREDIT the bank account. Adjust the tds reference which you have created in while booking the tds entry.

How can I resolve issues preventing the generation of TCS and TDS reports in BUSY?

To resolve issues preventing the generation of TCS and TDS reports in BUSY, you can try the following steps:
 1. Enable TCS and TDS reporting in the configuration settings of BUSY.
 2. Ensure that the TCS and TDS features are enabled on the main server system.
 3. Check if the TCS and TDS rates and sections are correctly configured in BUSY.
 4. Make sure that the payment vouchers have the correct references and codes for TCS and TDS.
 5. Verify that the accounts are correctly mapped for TDS and TCS to reflect accurately in the software reports.
 6. If the issue persists, contact BUSY customer support for further assistance.

I received a TDS New Reference pop-up in BUSY what should I do with this?

To calculate the TDS automatically and generate TDS reference , then follow the steps.
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: Select skipping TDS reference creation as Warning only or No action.
Step 7: Open the party account in modify mode
Step 8: Then in TDS/TCS window, mention the applicable limit- as per your requirement and payee category.
Step 9: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.

How can i do TDS entry in BUSY through a Jounral Voucher option?

Yes, you can do TDS Entry through a Journal Voucher option in BUSY.
 Step 1: Go to Transactions click on Journal Voucher option.
 Step 2: Select Voucher Series Name, Date, Voucher no.
 Step 3: GST Nature
 Step 4: Select Debit expense account and credit the Party account, credit TDS Ledger and enter Amount.
 Step 5: You need to Enable TDS on Expense booking in Party Account master.
 Step 6: Select payee Category as Domestic Company or as per the party's details.
 Step 7: click on Save Voucher, after click on save will get popup window of TDS deduction details.
 Step 8: Enter Details of TDS deduction and click on Ok.

Frequently AskedQuestions