Frequently Asked
Questions

Q: I want to apply TDS deduction to a particular supplier/party. What is the process?

If you want to apply the TDS for the particular supplier or party then you have to enable the TDS option in the party master. Pls follow the below steps: Step 1: Click on Administration Step 2: Then Masters Step 3: Then Account Step 4: Then Modify Step 5: Select that party master and put the cursor in the account group and press enter Step 6 : Then the TDS window will get open Step 7: Enable the TDS option and set the applicability limit.

Q: how to add TCS reversal entry in next Financial Year?

To add the TCS reversal entry in the next Financial Year, you are told that the TCS reference does not carry forward to the next Financial Year. You will have to pass the normal entry for this. You need to follow the below steps: Step 1: Click on Transactions. Step 2: Open the journal voucher. Step 3: Apply the TCS entry, Step 4: Then the TCS reference window will open in the voucher. Step 5: Enable the TCS reversal option and adjust the TCS reference that was created in the voucher.

Q: Why am I unable to see the TDS section in BUSY?

If you are not able to see the TDS section,then make sure that the TDS feature should be enable in the company and you should open the company from the super user as sub user you have not given to rights to access it. Pls follow the below steps for User Rights : Step 1: Click on Administration Step 2: Then Users Step 3: Select the user and On Expand Menu Option can give rights to the user by tick the TCS and TCS option.

Q: How can I enable TCS using the software?

To enable TCS in sale voucher , please follow these steps : Step 1 : Click on administration then configuration Step 2 : Click on features and options Step 3 : Go to TDS/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.

Q: I am not able to find any option or filter to breakup and view TDS deductions on a monthly basis. What should I do to generate monthly TDS reports?

If you're unable to generate monthly TDS reports in BUSY and can only see the total TDS for the entire period, the reason is as follows: 1.The BUSY is designed to generate TDS reports on a quarterly basis, and it doesn't offer the option for monthly reports. If you have any documents or relevant details related to this issue, you can share them with the BUSY support team by sending an email to support@busy.in. They may be able to provide further assistance or guidance.

Q: I am unable to generate TDS reports on a monthly basis. It is only showing cumulative TDS for the entire period selected. How can I generate monthly TDS reports?

If you're unable to generate monthly TDS reports in BUSY and can only see the total TDS for the entire period, the reason is as follows: 1.The BUSY is designed to generate TDS reports on a quarterly basis, and it doesn't offer the option for monthly reports. If you have any documents or relevant details related to this issue, you can share them with the BUSY support team by sending an email to support@busy.in. They may be able to provide further assistance or guidance.

Q: I made a payment voucher in BUSY, but the TDS amount is not getting deducted from the party account correctly. How can I ensure the TDS deduction happens properly?

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: Make sure you have selected the correct TDS category during the voucher entry.

Q: When I am doing TDS deduction on a payment voucher, the party account is not showing the correct reduced amount. What could be wrong?

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: Make sure you have selected the correct TDS category during the voucher entry.

Q: I am unable to apply TDS deduction to a purchase voucher. It is showing an invalid TDS category. How can I resolve this?

To resolve the issue of invalid TDS Category in the purchase voucher then make sure that the TDS bill sundry should have proper configuration from below steps. Step 1: Click on Administration Step 2: Then Masters Step 3: Then Bill Sundry Step 4: Then Modify the TDS bill sundry Make sure that the bill sundry nature should be correct as TDS u/s 194Q. If the configuration is proper but still error is showing then after data backup run the reindex data process from the housekeeping.

Q: The system won't allow me to change the default TDS rate. How can I customize and save the correct TDS rates?

You will be able to the change the tds rate from the company super user, if you have not given the rights to the sub user. Pls follow the below steps to change the tds rate in the tds category : Step 1: Click on administration Step 2: Then Masters Step 3: Then TDS Category Step 4: Select the TDS Category, then open and change the tax rate for the payee category in the tds with PAN and TDS without PAN column and save it.

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

I want to apply TDS deduction to a particular supplier/party. What is the process?

If you want to apply the TDS for the particular supplier or party then you have to enable the TDS option in the party master.
 Pls follow the below steps:
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account
 Step 4: Then Modify
 Step 5: Select that party master and put the cursor in the account group and press enter 
 Step 6 : Then the TDS window will get open
 Step 7: Enable the TDS option and set the applicability limit.

how to add TCS reversal entry in next Financial Year?

To add the TCS reversal entry in the next Financial Year, you are told that the TCS reference does not carry forward to the next Financial Year. You will have to pass the normal entry for this. You need to follow the below steps:
Step 1: Click on Transactions.
Step 2: Open the journal voucher.
Step 3: Apply the TCS entry,
Step 4: Then the TCS reference window will open in the voucher.
Step 5: Enable the TCS reversal option and adjust the TCS reference that was created in the voucher.

Why am I unable to see the TDS section in BUSY?

If you are not able to see the TDS section,then make sure that the TDS feature should be enable in the company and you should open the company from the super user as sub user you have not given to rights to access it.
 Pls follow the below steps for User Rights :
 Step 1: Click on Administration
 Step 2: Then Users
 Step 3: Select the user and On Expand Menu Option can give rights to the user by tick the TCS and TCS option.

How can I enable TCS using the software?

To enable TCS in sale voucher , please follow these steps :
Step 1 : Click on administration then configuration
Step 2 : Click on features and options
Step 3 : Go to TDS/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.

I am not able to find any option or filter to breakup and view TDS deductions on a monthly basis. What should I do to generate monthly TDS reports?

If you're unable to generate monthly TDS reports in BUSY and can only see the total TDS for the entire period, the reason is as follows:
 1.The BUSY is designed to generate TDS reports on a quarterly basis, and it doesn't offer the option for monthly reports.
 If you have any documents or relevant details related to this issue, you can share them with the BUSY support team by sending an email to support@busy.in. They may be able to provide further assistance or guidance.

I am unable to generate TDS reports on a monthly basis. It is only showing cumulative TDS for the entire period selected. How can I generate monthly TDS reports?

If you're unable to generate monthly TDS reports in BUSY and can only see the total TDS for the entire period, the reason is as follows:
 1.The BUSY is designed to generate TDS reports on a quarterly basis, and it doesn't offer the option for monthly reports.
 If you have any documents or relevant details related to this issue, you can share them with the BUSY support team by sending an email to support@busy.in. They may be able to provide further assistance or guidance.

I made a payment voucher in BUSY, but the TDS amount is not getting deducted from the party account correctly. How can I ensure the TDS deduction happens properly?

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: Make sure you have selected the correct TDS category during the voucher entry.

When I am doing TDS deduction on a payment voucher, the party account is not showing the correct reduced amount. What could be wrong?

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: Make sure you have selected the correct TDS category during the voucher entry.

I am unable to apply TDS deduction to a purchase voucher. It is showing an invalid TDS category. How can I resolve this?

To resolve the issue of invalid TDS Category in the purchase voucher then make sure that the TDS bill sundry should have proper configuration from below steps.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Bill Sundry
 Step 4: Then Modify the TDS bill sundry
 Make sure that the bill sundry nature should be correct as TDS u/s 194Q. If the configuration is proper but still error is showing then after data backup run the reindex data process from the housekeeping.

The system won't allow me to change the default TDS rate. How can I customize and save the correct TDS rates?

You will be able to the change the tds rate from the company super user, if you have not given the rights to the sub user.
 Pls follow the below steps to change the tds rate in the tds category :
 Step 1: Click on administration
 Step 2: Then Masters
 Step 3: Then TDS Category
 Step 4: Select the TDS Category, then open and change the tax rate for the payee category in the tds with PAN and TDS without PAN column and save it.

Frequently AskedQuestions