Frequently Asked Questions

You can enable the TCS in BUSY from below steps.
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Enable the TDS/TCS option
 Step 5: Mention the warning for TCS as per your requirement in the bottom.
 Step 6: You can view in the TCS report as per the tcs references apply in the sales voucher.

Here are common reasons for the mismatch and solutions:
Step 1: Check Incomplete or Missing Transactions.
Step 2: Check for any unrecorded transactions and enter them into your BUSY
Step 3: Double-check the tax rates and tax codes used for each transaction.
Step 4: Changes in tax rates by the government can lead
Step 5 : Check Audit report and reconcile report to find mistch amounts and accounts .

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

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.

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.

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

The TCS amount may not be updating in all payment vouchers if there is an error in the accounting entries or if the TCS account is not selected correctly in the sales invoice. It is important to ensure that the TCS account is selected properly and that the accounting entries are accurate to ensure the correct updating of TCS amount in payment vouchers.

If TDS Category option is not showing in the masters then you have to enable the TDS feature from below steps.
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Then TDS/TCS option
 Step 5: Enable the TDS Reporting
 Step 6: Go to the Masters
 Step 7: Then you will get the TDS Category option

If TDS Category option is not showing in the masters then you have to enable the TDS feature from below steps.
 Step 1: Click on Administration
 Step 2: Then Configuration
 Step 3: Then Features and Options
 Step 4: Then TDS/TCS option
 Step 5: Enable the TDS Reporting
 Step 6: Go to the Masters
 Step 7: Then you will get the TDS Category option

If you unable to see the entries in the TCS ledger properly,then pls follow the below steps.
 Step 1: Make sure that the TCS account is properly tagged in the TCS bill sundry.
 Step 2: Make sure that you have applied the TCS in all the required vouchers.
 Step 3: Remove the filter if apply in the TCS ledger and then check it