Frequently Asked Questions

To resolve the incorrect TDS amount calculating in the voucher, then pls follow the below steps :
 Step 1: Make sure that in the tds category you have mention the correct percentage of deduction with PAN and without PAN.
 Step 2: Make sure that in the tds account, you have selected the correct tds category and in the party master.
 Step 3: In the TDS bill sundry, the correct tds account should be tag and default value should be zero.
 Step 4: In TDS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

If the TDS reports are not generating after making the TDS payments,then Pls follow the below steps.
 Step 1: Make sure you have properly created the TDS references in the purchase and payment voucher.
 Step 2: Make sure you have selected the correct date range or quarter while opening the tds report.
 Step 3: If you have apply any filter then remove and check it in the report.
 Step 4: Check that you have selected the correct TDS category in the report.
 Step 5: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.

To link the tds deduction to payment in BUSY follow the steps 
 Step1 Go to transaction menu and click on payemnt and click to add
 Step2 fill the voucher details like series date voucher number 
 Step3 make debit the TDS category and its amount and Credit the bank or cash 
 Step4 at the time of saving a adjust tds reference box will open where select the tds category 
 which you are paying select the quarter for payment then select the reference number then fill 
 other details like date of payment challan number cheque number bsr number bank and save

If TCS bill sundry is not showing while doing voucher entry please follow these steps:
Step 1: Go to administration menu then click on configuration 
Step 2: Click on features and options tab after that click on TDS/TCS option
Step 3: Enable TCS reporting option checkbox is tick 
Step 4: Specify necessary details and make sure warning for TCS in sale and receipt along with section name is selected as warning only
Step 5: Save the changes 
Step 6: Now in party master enable TCS and mention payee category then save
Step 7: When posting voucher apply tcs window will appear mention yes and tcs will be charged

To resolve the incorrect TDS amount calculating in the voucher, then pls follow the below steps :
 Step 1: Make sure that in the tds category you have mention the correct percentage of deduction with PAN and without PAN.
 Step 2: Make sure that in the tds account, you have selected the correct tds category and in the party master.
 Step 3: In the TDS bill sundry, the correct tds account should be tag and default value should be zero.
 Step 4: In TDS Bill sundry, The tds deduction amount should calculate either on net bill amount or taxable amount as per your requirement.

To adjust TDS while making payments in BUSY, you need to follow these steps:
 1. Create a TDS payable account under Duties & Taxes in the Chart of Accounts.
 2. Record the TDS deduction in the expense entry by selecting the appropriate TDS category.
 3. While making the payment, select the TDS payable account as the ledger account for TDS.
 4. Enter the TDS amount in the payment voucher and adjust it against the TDS payable account.
 5. The remaining amount can be allocated to the vendor's account.
 By following these steps, you can properly adjust TDS while making payments in BUSY.

If you have older version then also TDS reports should show properly.If you will file the TDS return then you BUSY version should be updated.
 Pls follow the below steps for Tds report not showing properly:
 Step 1: Make sure that the TDS category correctly tagged in the party master.
 Step 2: Make sure that the TDS entries has been properly done in the voucher.
 Step 3: Make sure that the TDS category has been properly tagged in the TDS bill sundry.
 Step 4: Make sure that the TDS references amount has been correctly calculated as per PAN number or without PAN number.

If the TCS on sale still does not show up after the process is completed you need to set configuration for TCS , please follow these steps :
Step 1 : Click on administration then configuration
Step 2 : Click on features and options
Step 3 : Go to TDS and TCS enable TCS
Step 4 : Go to masters and modify party master
Step 5 : Enable TCS and define PAN of party
Step 6 : Now enter sale voucher if total sale amount of that limit cross above 50 lakh, it will show warning as limit cross do you want to deduct TCS, select it as yes.

To calculate the TDS automatically, 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.

To calculate the TDS automatically, 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.