Frequently Asked Questions

If you want to apply tds in purchase but still window not showing while voucher saving ,even feature already enable from tds or tcs tab you may check following things:
1: Check in the party master that you enable the the tds option and speciFinancial Year the payee category in party master.
2: Check that net amount of invoice should cross the threshold limit if selected applicable after limit in tds on payment field in tds details window.

If you want to modify the TDS percentage in BUSY please follow these steps;
Step 1: Go to administration menu then click on masters submenu 
Step 2: Then click on TDS category and Click on modify option and then select the TDS category such as contract to others or contract to transporter etc
Step 3: Open the TDS category master now you will be able to change the TDS percentage for that category
Step 4: Now save the changes

If you can't find the option to download TDS annexure in BUSY, here's what you can do:
 Step 1: Go to the administration section and select configuration. Then, choose features and options and select TDS/TCS. Make sure the TDS option is enabled.
 Step 2: Check if you are a sub-user. Sometimes, sub-users may not have the rights to access these reports. In that case, ask your superuser to give you access to these reports.

In BUSY, TDS Tax Deducted at Source is treated differently for purchases and sales. 
 For purchases, you need to enable the in party master whose transactions with the company exceed 50 lakh and then it will auto calculate tds on purchase while saving the purchase voucher.
 For sales, TDS you need to create a new bill sundry and apply that bill sundry in the sales voucher manually it will not calculate automatically.

When unable to see the option for TDS deduction on purchase, then pls follow the below steps.
 Step 1: Make sure the TCS feature is enabled from the GST/VAT option from configuration under Administration.
 Step 2: Make sure that TDS on contractor account is properly tag in the expense account.
 Step 3: In the TDS Bill sundry, make sure that the TDS on contractor is tagged properly in the adjust in purchase amount account head.

If the old TDS auto caculation reference is not showing in the voucher it means someone has disabled the TDS option.
 You can enable the TDS feature in BUSY from below steps.
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Then click on TDS/TCS
 Step 5: Enable the TDS/TCS option
 Step 6: Mention the warning for TDS and TCS as per your requirement in the bottom.

If TDS deduction are not getting classified properly in the reports then follow the steps 
 Step1 need to ensure that you have deduct the tds properly in voucher 
 Step2 then go to display menu and click to TDS TCS reports and click on 
 TDS deduction reports non salary then click on all TDS category then click on all refernece then 
 click all deductee and then set the date range and ok

If the TCS amounts are not showing properly in the balance sheet then ensure that the TCS tagging should be properly done and the TCS entries in the voucher.To correct the TCS entries you can check the below report and correct it manually.
 Step 1: Click on Display
 Step 2: Then TDS/TCS reports
 Step 3: Then Reconcile accounts and TCS
 Step 4: Check if there is any difference showing for the voucher then correct it.

If you're unable to make TCS payment every month in BUSY, the reason is as follows:
 1.The BUSY is designed to generate TCS 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 the TDS amount is not adjusting properly in the BUSY then check the below steps.
 Step 1: Make sure you have selected the correct TDS category in the TDS adjustment window for the quarter.
 Step 2: Ensure that you have selected the correct voucher date for adjusting the TDS reference.
 Step 3: Make sure you have selected the correct TDS reference and mention the correct amount in the voucher according to the TDS reference.