Frequently Asked
Questions

Q: What is monthly ITC tagging and when is it applicable?

To Tag entries in monthly GST retuen please follow below steps :, Step 1 : To change the status pending ITC Entries go to the Transacton menu . Step 2: Click on Gst Misc Utilities option. Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B Step 4 : Select Partywise . Step 5 : Select the entry and press F4 to change the status ,

Q: How do I enable TDS and TCS in BUSY?

To enable tds and tcs in BUSY, you need to follow these steps: Step 1: Go to administration menu then click on configuration sub menu. Step 2: Select features and option and click on TDS or TCS tab. Step 3: Tick on enable TDS reporting and enable TCS reporting then configure it as per the requirements. Step 4: You also need to enable TDS and TCS in party's master.

Q: What should i do if TCS account show incorrect in current year ?

If TCS account show incorrect in current year then follow the given steps : Step 1: Go to Last financial year by press F11 key Step 2: Then create TCS payable Account Step 3: Then create journal voucher and adjust all TCS reference in the TCS payable account Step 4: Then switch Financial year and check TCS payable account ledger

Q: Why is TDS data not showing in Form 26Q?

Note - Form 26Q is a report which displays the details of TDS which is deposited to the Government. TDS in Form 26Q will be only visible When Tds deposits to the Government from payment voucher. If TDS data not showing in Form 26Q follow the below steps: Steps 1 - Transaction→Payment→Select TDS ledger for debit account and bank/cash to credit account. Steps 2 - Display→TDS/TCS Reports→Form 26Q.

Q: How can I charge tcs on sale voucher?

For charge tcs in sale voucher follow below steps: Step 1: Go to administration then go to configuration Step 2: Now go to Features/options then go to Tds/Tcs menu Step 3: Enable Tcs and take warning only in warning for tcs in sale under section 206C(1H) and save configuration Step 4: Pass Sale voucher if tcs charge limit has been crossed it show warning to charge tcs.

Q: How can I charge tds on purchase voucher?

For charge tds in purchase voucher follow below steps: Step 1: Go to administration then go to configuration Step 2: Now go to Features/options then go to Tds/Tcs menu Step 3: Enable Tds and take warning only in warning for tds in purchase under section 194Q and save configuration Step 4: Pass purchase voucher if tds charge limit has been crossed it show warning to charge tds

Q: I want to record the purchase of sample products from a company under a separate account name than regular purchases from the same company. How can I do this while ensuring accurate TDS deduction?

If you want to record the purchase for the sample product with the seperate account then follow the below steps. Step 1: You can create the seperate account as a sub ledger for the same company. Step 2: Mention the same company PAN number in the seperate created account and enable the TDS feature. Then the TDS will get charge accurately in the voucher.

Q: I am unable to see the TDS deduction reflected correctly in the ledger. It is showing the gross amount paid instead of the net amount after TDS. What should I do?

If the TDS deduction is not reflecting correctly in the ledger on net amount after TDS. Pls 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 Net bill amount.

Q: The tax columns like TDS and TCS are not showing proper values after I updated the master. What could be the reason for this mismatch?

To address this issue, consider the following possible steps: Step 1: Double-check the accuracy of the updated master data, especially tax-related information. Step 2: Verify the software's tax configurations to ensure they match the updated master data. Step 3: Reconcile the TDS and TCS accounts . Step 4 : Review theTDS and TCS reports . Step 5 : Recheck the transactions and balances .

Q: I enabled TDS as required, but the DSC report is not showing the TDS amount. What should I do to get TDS reflected properly?

To address this issue, consider the following possible steps: Step 1: Double-check the accuracy of the updated master data, especially tax-related information. Step 2: Verify the software's tax configurations to ensure they match the updated master data. Step 3: Reconcile the TDS and TCS accounts . Step 4 : Review theTDS and TCS reports . Step 5 : Recheck the transactions and balances .

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

What is monthly ITC tagging and when is it applicable?

To Tag entries in monthly GST retuen please follow below steps :,
Step 1 : To change the status pending ITC Entries go to the Transacton menu .
Step 2: Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : Select Partywise . 
Step 5 : Select the entry and press F4 to change the status ,

How do I enable TDS and TCS in BUSY?

To enable tds and tcs in BUSY, you need to follow these steps:
Step 1: Go to administration menu then click on configuration sub menu.
Step 2: Select features and option and click on TDS or TCS tab.
Step 3: Tick on enable TDS reporting and enable TCS reporting then configure it as per the requirements.
Step 4: You also need to enable TDS and TCS in party's master.

What should i do if TCS account show incorrect in current year ?

If TCS account show incorrect in current year then follow the given steps :
 Step 1: Go to Last financial year by press F11 key 
 Step 2: Then create TCS payable Account 
 Step 3: Then create journal voucher and adjust all TCS reference in the TCS payable account 
 Step 4: Then switch Financial year and check TCS payable account ledger

Why is TDS data not showing in Form 26Q?

Note - Form 26Q is a report which displays the details of TDS which is deposited to the Government.
TDS in Form 26Q will be only visible When Tds deposits to the Government from payment voucher.
If TDS data not showing in Form 26Q follow the below steps:
Steps 1 - Transaction→Payment→Select TDS ledger for debit account and bank/cash to credit account.
Steps 2 - Display→TDS/TCS Reports→Form 26Q.

How can I charge tcs on sale voucher?

For charge tcs in sale voucher follow below steps:
Step 1: Go to administration then go to configuration 
Step 2: Now go to Features/options then go to Tds/Tcs menu
Step 3: Enable Tcs and take warning only in warning for tcs in sale under section 206C(1H) and save configuration
Step 4: Pass Sale voucher if tcs charge limit has been crossed it show warning to charge tcs.

How can I charge tds on purchase voucher?

For charge tds in purchase voucher follow below steps:
Step 1: Go to administration then go to configuration 
Step 2: Now go to Features/options then go to Tds/Tcs menu
Step 3: Enable Tds and take warning only in warning for tds in purchase under section 194Q and save configuration
Step 4: Pass purchase voucher if tds charge limit has been crossed it show warning to charge tds

I want to record the purchase of sample products from a company under a separate account name than regular purchases from the same company. How can I do this while ensuring accurate TDS deduction?

If you want to record the purchase for the sample product with the seperate account then follow the below steps.
 Step 1: You can create the seperate account as a sub ledger for the same company.
 Step 2: Mention the same company PAN number in the seperate created account and enable the TDS feature.
 Then the TDS will get charge accurately in the voucher.

I am unable to see the TDS deduction reflected correctly in the ledger. It is showing the gross amount paid instead of the net amount after TDS. What should I do?

If the TDS deduction is not reflecting correctly in the ledger on net amount after TDS.
 Pls 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 Net bill amount.

The tax columns like TDS and TCS are not showing proper values after I updated the master. What could be the reason for this mismatch?

To address this issue, consider the following possible steps:
 Step 1: Double-check the accuracy of the updated master data, especially tax-related information.
 Step 2: Verify the software's tax configurations to ensure they match the updated master data.
 Step 3: Reconcile the TDS and TCS accounts . Step 4 : Review theTDS and TCS reports .
 Step 5 : Recheck the transactions and balances .

I enabled TDS as required, but the DSC report is not showing the TDS amount. What should I do to get TDS reflected properly?

To address this issue, consider the following possible steps:
 Step 1: Double-check the accuracy of the updated master data, especially tax-related information.
 Step 2: Verify the software's tax configurations to ensure they match the updated master data.
 Step 3: Reconcile the TDS and TCS accounts .
 Step 4 : Review theTDS and TCS reports .
 Step 5 : Recheck the transactions and balances .

Frequently AskedQuestions