Frequently Asked Questions

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.

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.

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.

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.

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.

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.

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 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.

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.

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.