Frequently Asked Questions

To resolve the issue of getting an error while opening the TDS reports.
Pls check the below steps :
Step 1: Ensure that you have selected the correct date range. As the TDS report shows the data of the current financial year.
Step 2: Ensure that you are selecting the correct TDS category while opening the report.
Step 3: If you are getting any run time error then after the data backup, run the reindex database process from the housekeeping menu.

TCS deductions are calculated accurately based on only current financial years turnover or not.for the same we can check and confirm following configuration
 Step 1: Go to the Administration Menu
 Step 2: Click on Configuration option 
 Step 3: Select Features / Options
 Step 4: Click on TDS/TCS 
 Step 5: Within TDS/TCS configurtion Kindly check and confirm the option Check Prev.Yr Data for TCS u/s 206(1H) YES Or NO. this option should be selected NO.

If TDS is not calculating correctly in BUSY, Then follow the below steps.
 Step 1: The TDS feature should be enable in the party master and set the applicability after limit.
 Step 2: Mention the PAN number in the party master for calculating the correct TDS value.
 Step 3: Make sure to select the correct payee category in the party master.
 Step 4: Make sure you have selected the correct TDS category in the expense account.

In the credit note voucher, you only have to apply the tds if you want to reverse the TCS reference.
 Pls follow the below steps.
 Step 1: Click on Transactions
 Step 2: Open the credit note voucher
 Step 3: Apply the TCS bill sundry
 Step 4: Then the TCS reference window will get open in the voucher 
 Step 5: Enable the TCS reversal option and adjust the TCS reference which created in the purchase voucher.

In the credit note voucher, you only have to apply the tds if you want to reverse the TCS reference.
 Pls follow the below steps.
 Step 1: Click on Transactions
 Step 2: Open the credit note voucher
 Step 3: Apply the TCS bill sundry
 Step 4: Then the TCS reference window will get open in the voucher 
 Step 5: Enable the TCS reversal option and adjust the TCS reference which created in the purchase voucher.

If the TCS report is not visible on your screen then make sure that the TCS feature should be enable from features and options. You should have proper user rights to access the report.
 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 option.

If you want to deduct the TDS of 1 percent then mention the PAN number in the party master. For charging the TDS on taxable amount in the bill sundry then follow the below steps.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Bill Sundry
 Step 4: Then Modify
 Step 5: Open the TDS bill sundry then in Right side you have to select the amount to be fed as taxable amount.

In the credit note voucher, you only have to apply the tds if you want to reverse the TCS reference.
 Pls follow the below steps.
 Step 1: Click on Transactions
 Step 2: Open the credit note voucher
 Step 3: Apply the TCS bill sundry
 Step 4: Then the TCS reference window will get open in the voucher 
 Step 5: Enable the TCS reversal option and adjust the TCS reference which created in the purchase voucher.

In the credit note voucher, you only have to apply the tds if you want to reverse the TCS reference.
 Pls follow the below steps.
 Step 1: Click on Transactions
 Step 2: Open the credit note voucher
 Step 3: Apply the TCS bill sundry
 Step 4: Then the TCS reference window will get open in the voucher 
 Step 5: Enable the TCS reversal option and adjust the TCS reference which created in the purchase voucher.

In the credit note voucher, you only have to apply the tds if you want to reverse the TCS reference.
 Pls follow the below steps.
 Step 1: Click on Transactions
 Step 2: Open the credit note voucher
 Step 3: Apply the TCS bill sundry
 Step 4: Then the TCS reference window will get open in the voucher 
 Step 5: Enable the TCS reversal option and adjust the TCS reference which created in the purchase voucher.