Frequently Asked Questions

If the TDS amount is not showing in the vendor ledger after deduction then follow the below steps.
 Step 1: Make sure that in the TDS bill sundry,the post over and above option should be enabled for accounting in purchase.
 Step 2: You can open the vendor ledger by selecting the details to be shows as full voucher details.

The TDS data frequently update as per the transactions has been properly entered by you in the BUSY.
 You can view the TDS report from below steps :
 Step 1: Click on Display menu
 Step 2: Then TDS/TCS Reports
 Step 3: Then TDS Deduction details
 Here select the category and then apply filter on party to view the report.

If the TDS amount is not showing in the vendor ledger after deduction then follow the below steps.
 Step 1: Make sure that in the TDS bill sundry,the post over and above option should be enabled for accounting in purchase.
 Step 2: You can open the vendor ledger by selecting the details to be shows as full voucher details.

In BUSY, option available for TDS / TCS. To know how to enable it, you need to follow these steps:
Step 1: Open your company then click on Administration tab.
Step 2: Click on Configuration then select Features / Options.
Step 3: Select TDS / TCS and here you can Enable TDS / TCS Reporting then configure it as per the requirements.

If you are not able to apply the TDS in the payment voucher. Check the below steps.
 Step 1: Make sure that you have selected the correct party in which TDS option is enable and TDS account in the voucher.
 Step 2: Make sure you have selected the correct voucher date, the date should after the TDS booking entry.

In BUSY,You cannot make an advance TDS payment entry.It is mandatory to create a TDS reference within a purchase or payment voucher before making TDS payment entry. To process TDS payments, you must initially generate an invoice that includes the TDS within the defined limits. Subsequently, you can post the TDS payment and can adjust the TDS reference accordingly.

As per rule the TCS always apply in sale voucher and to make sure TCS always comes in sale invoices by default in BUSY, you can set the default TCS percentage for parties with PAN numbers in the Party-Item Price Structure configuration. If a party does not have a PAN number, the default TCS percentage will be 1%.

If need to apply TDS in purchase voucher then follow steps :
Step 1 : Go to administration then configuration
Step 2 : Click on features and options then TDS and TCS
Step 3 : Enable TDS
Step 4 : Set TDS in account master
Step 5 : Add purchase voucher if limit crosss TDS will auto apply in bill sundry with warning

You have to create the seperate ledger account by name TCS on sales and TCS on purchase under group duties and taxes.
 Pls follow the below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account 
 Step 4: Then Add 
 Step 5: Then tag it in the Bill sundry of TCS.

To file E-Return of TDS follow the below steps:
Step 1:- Click on Print/Email/SMS→TDS Reports→eTDS Return (Non-Salary) then generate a .TXT file and define required fields like (Quarter period, TAN Number and receipt of earlier statement filed) then upload them to the Govt. Tool/utility of TDS e-REturn file.
Note:- For downloading the offline utility for file E-return of TDS/TCS
 https://www.protean-tinpan.com/downloads/e-tds/eTDS-download-regular.html