Frequently Asked Questions

If you want to check that the TCS references has created properly or not then you can check the below report.Here shows the data if there is any mismatch in the TCS entries.
 Pls follow the below steps :
 Step 1: Click on Display
 Step 2: Then TDS/TCS reports
 Step 3: Then Reconcile accounts and TCS

You can adjust the TDS reference during the payment voucher.
Pls follow the below steps :
Step 1: Click on Transactions
Step 2: Then Payment
Step 3: Then Add 
Here DEBIT the TDS acccount and CREDIT the bank account. When you save the voucher tds reference adjustment window will get open, Then select the quarter and adjust the tds reference.

If the TDS amount is not round off correctly then follow the below steps.
 Step 1: In the TDS bill sundry, Check the round off setting should be set to UPPER LIMIT and round off nearest to 1.
 Step 2: Check the round off configuration in TDS/TCS feature from where we enabled it from Administration menu.

To generate TDS reports in BUSY, you need to follow these steps:
Step 1: Go to display menu then select TDS reports option.
Step 2: Here, select the report from the available options such as form 26Q, TDS deduction details, etc as per the requirements.
Step 3: After selecting the report enter the period and can view the report.

If you are not able to see the TDS deduction details in one company, then TDS feature is disabled. 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

If you want to now apply the TDS for the vendors then follow the below steps.
 Step 1: Make sure that the TDS feature should be enable from the features and option under administration menu.
 Step 2: Make sure that the TDS should be enable in the party master and mention the TDS applicability limit.

You can add the TDS percentage in the bill sundry from below steps.
 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 and mention the TDS rate in the default value and save it.

You can enable the TDS and TCS feature from the 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.

You can find the TDS and TCS option from the below steps in BUSY.
 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 TDS and TCS for the voucher type as per your requirement in the bottom.

If the correct section is not showing for TDS contractor then can check that in TDS contractor category proper section mention it.
 Pls follow the below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then TDS Category
 Step 4: Select the TDS on contractor category and update the section code.