Frequently Asked Questions

The PAN number can be same for the party with different GSTIN if the party has registration in the same state. The pther party TDS details also should in the TDS report. If it is not showing then make sure that the references has been properly created in that party voucher.

If the TDS reference error is showing while saving the payment voucher then check the below steps.
 Step 1: Check that you have selected the correct TDS category for adjusting the reference.
 Step 2: Make sure you have mention the correct TDS amount in the voucher as per the TDS reference.

You have to deduct the TDS in the purchase voucher and TCS in the sales voucher.As TDS is charge on the expenses and Gross purchase when get cross above 50 Lakh as per govt norms and TCS is charge on the Scrap and Sales turnover when get cross above 50 lakh.

The difference amount shows when the TDS amount in the reference window and the amount which apply in the voucher is different. To avoid this you need to make sure that the TDS amount should be same in the voucher and in the TDS reference window as per the threshold limit.

Make sure you have selected the correct TDS account group as Duties and Taxes with TDS tax type.
 Can check from below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account
 Step 4: Select the TCS account in modify mode and check the account group

Make sure you have selected the correct TDS account group as Duties and Taxes with TDS tax type.
 Can check from below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account
 Step 4: Select the TCS account in modify mode and check the account group

Pls Follow the Below the Steps for enabling the TDS Feature :
 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 purchase and payment voucher as per your requirement in the bottom.

You have to deduct the TDS in the purchase voucher and TCS in the sales voucher.As TDS is charge on the expenses and Gross purchase when get cross above 50 Lakh as per govt norms and TCS is charge on the Scrap and Sales turnover when get cross above 50 lakh.

Pls follow the below steps for creating the TCS account in BUSY.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account
 Step 4: Then Add
 Step 5: Mention the tcs account name under group duties
 Step 6: Then select the tax type as TCS and save it.

You can enable the TCS 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 TCS Reporting
 Step 6: Go to the Masters
 Step 7: Then you will get the TCS Category option