Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - tds tcs data feeding and report
I am having an issue where my TCS amount is becoming after saving the bill in BUSY. How can I fix this?
Here are some steps you can take to troubleshoot and fix the issue:
Step 1: Review the details of the bill or transaction to ensure that the TCS amount is entered correctly.
Step 2: Check the TCS configuration in BUSY, Ensure that the TCS rates are set up correctly and are applicable to the specific type of transaction.
Step 3: Verify the ledger accounts associated with TCS transactions.
Step 4: Make sure that the correct TCS ledger accounts are selected for both credit and debit entries.
Step 5:Check TCS Applicability
How can I directly file the TDS return from the software? What utilities do I need to download and from where?
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 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.
I am getting an incorrect TDS deduction amount in TDS section. How can I ensure the correct TDS amount is deducted?
When TDS rate is not apply automatically in the voucher, Then pls follow the below steps :
Step 1: 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: Make sure you have enable the tds option and mention the payee category in the party master.
Step 3: In TDS bill sundry, Make sure that TDS account is correctly tag and should have proper configuration.
Why is the TCS not being added automatically to the bills generated through BUSY, even though I meet the turnover criteria?
When TCS rate is not apply automatically in the voucher, Then pls follow the below steps :
Step 1: 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: Make sure you have enable the tcs option and mention the payee category in the party master.
Step 3: In TCS bill sundry, Make sure that TCS account is correctly tag and should have proper configuration.
I am unable to generate the TDS report properly. The entries are not showing up in the report even though I have added them. What should I do to resolve this?
When some entries are not showing in the TDS report then check the below the steps.
Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
Step 2: If you have apply any filter then remove and check it in the report.
Step 3: Check that you have selected the correct TDS category in the report.
Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.
Some of my TDS entries created in BUSY are showing up in the TDS report, while others are not. Why is this inconsistency, and how can I resolve it?
When some entries are not showing in the TDS report then check the below the steps.
Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
Step 2: If you have apply any filter then remove and check it in the report.
Step 3: Check that you have selected the correct TDS category in the report.
Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.
I need the TCS report to show vouchers for the current month, but it only shows past months. How can I get the current month's data to show?
If current month vouchers are not showing in the TCS report then follow the below steps.
Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
Step 2: If you have apply any filter then remove and check it in the report.
Step 3: Check that you have selected the correct TDS category in the report.
Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.
The TDS report in BUSY is not showing all of my TDS entries. What could be causing this inconsistency, and how can I resolve it?
When some entries are not showing in the TDS report then check the below the steps.
Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
Step 2: If you have apply any filter then remove and check it in the report.
Step 3: Check that you have selected the correct TDS category in the report.
Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.
Some of my entries are not showing in the TDS reports generated by BUSY. How can I fix this?
When some entries are not showing in the TDS report then check the below the steps.
Step 1: Make sure you have selected the correct date range or quarter while opening the tds report.
Step 2: If you have apply any filter then remove and check it in the report.
Step 3: Check that you have selected the correct TDS category in the report.
Step 4: If you are using the voucher approval then make sure it is approved then will reflect in the TDS report.
The TDS report is not showing deductions for a particular state's parties. How to troubleshoot this?
If the TDS entries are not showing for all the parties in the TDS reports 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.