Frequently Asked Questions

If TDS/TCS is not calculating automatically in BUSY, Then follow the below steps.
 Step 1: Make sure the TDS/TCS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TDS/TCS 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/TCS value.
 Step 4: In the TDS/TCS bill sundry, the correct tds/tcs account should be tag and default value should be zero.
 Step 5: In the TDS/TCS Bill sundry, The tds/tcs deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

To setup the TDS automatically in the BUSY as per latest compliance, 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: Open the party account in modify mode
 Step 7: Then in TDS/TCS window, mention the applicable limit- as per your requirement and payee category.
 Step 8: Then in purchase voucher will calculate automatically when limit get cross and reference will get create.

If TDS is not calculating automatically 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.

To rectify the incorrect TDS deduction 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.

If TDS is not calculating automatically 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.

When TDS is not calculating automatically 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.

If you unable to see the TDS and TCS option then make sure it should be enable from the features and Options.You can generate the TDS return notepad file from BUSY. For TDS utility, you have to download the the tds site then specify the the file path which generated from BUSY, challan file and error file after that can upload it on tds portal.
 Pls check the below steps.
 Step 1: Click on Print/Email/SMS
 Step 2: Then TDS/TCS report
 Step 3: Then e TDS return non salary
 Step 4: Then specify the tds ereturn path for generating the file or can generate it in default location BUSYwin folder.

If TDS is not calculating automatically 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.

For TDS Deduction and Expense booking, You need to enable the TDS feature from features and options and in the party master. 
 Step 1: Mention the TDS category in the expense account
 Step 2: Book the TDS expense entry through payment or journal voucher. DEBIT the 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.

If TDS is not calculating automatically in BUSY, Then follow the below steps.
 Step 1: Make sure the TCS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: The TCS 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 TCS value.
 Step 4: In the TCS bill sundry, the correct tcs account should be tag and default value should be zero.
 Step 5: In the TCS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.