Frequently Asked Questions

When you enable the TDS option then can able to 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 view the report TDS category wise.

You can check from below steps for TCS is enable or not for particular party.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Account
 Step 4: Then Modify
 Select the account master and can check the tds option after entering the account group.

If the TDS on commission configuration is proper then it will apply automatically in the voucher when the threshold limit get crossed. If the threshold limit not get cross but you want to apply the tds then you need to add it manually in the voucher.

TCS under GST means the tax collected by an e-commerce operator from the consideration received by it on behalf of the supplier of goods, or services who makes supplies through the operator's online platform. TCS will be charged as a percentage on the net taxable supplies.

If you have applied discount and TCS adjustments in purchase voucher it may lead to incorrect purchase amounts because may be you did not tag proper account or doesnot do proper configuration in those bill sundry and may be you did mistake in your data entry

The threshold limit is different as per the TDS category in the BUSY.
 Pls follow the below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then TDS category
 Step 4: You can check the threshold limit with PAN or without PAN.

You are not able to find the TCS option then you have to 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

You can view the TDS related entries in 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.

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: Enable the TDS/TCS option
 Step 5: Mention the warning for TDS and TCS as per your requirement

You can print or email tds report from the below steps.
 Step 1: Click on print/email/sms menu 
 Step 2: Then TDS/TCS reports
 Step 3: Then Form 26Q or you can also select tds deduction details report 
 Step 4: Then click on print or email