Frequently Asked
Questions

Q: I am getting a mismatch between manual TDS calculations and system-calculated TDS amounts due to purchase returns. How can I fix this?

If you are getting mismatch between the manual TDS calculations and system calculated TDS. Then you need to check the TDS configuration in the BUSY. You have to do the TDS configuration according to the TDS you are calculating manually.

Q: Why can't I find the earlier TDS deduction details for adjustment against current payment? Where can I see past TDS deductions?

To find the earlier TDS Deduction details for adjustment against current payment You need to select the previous period or quarter in Tds reference adjustment box due to selection of current quarter the previous refeneces are not showing

Q: I made changes to a vendor invoice after TDS was deducted. How can I modify or reverse the TDS amount accurately?

You have to open the voucher in modify mode and can correct it. Step 1: Click on Transaction Step 2: Then select the required voucher type Step 3: Then Modify Step 4: Then open the required voucher and correct it

Q: I need help configuring taxes like GST, TDS etc. in the software.

To get help configuring taxes go to: Step 1 : Click on administration Step 2 : Then configuration Step 3 : Click on features and options Step 4 : Go to GST/VAT tab and enable GST Step 5 : Go to TDS tab enable TDS

Q: What does "individual residence" mean as a category option in BUSY?

An individual's residential status will include his or her current fiscal year as well as previous years of stay. The following categories are used to classify an individual's residence status. Resident (ROR) Resident but Not Ordinarily Resident (RNOR) Non-Resident (NR)

Q: How is TDS deducted on purchase transactions in BUSY?.

TDS is deducted on purchase transactions in BUSY by selecting the appropriate TDS category and deducting the TDS amount from the net payment amount. The TDS deduction is based on the applicable TDS rate for the specific type of purchase.

Q: How can I manually edit or add TDS amounts to the invoice in BUSY?

You can open the voucher in the modify mode then can edit it from below steps. Step 1: Click on Transactions Step 2: Then required voucher type Step 3: Then Modify Step 4: Then manually mention the TDS amount

Q: How do I allocate a payment to the correct quarter?

In the payment voucher, there is no seperate option for TDS/TCS. When the TDS and TCS feature is enable in the expense and party master then automatically TDS/TCS window will get open for adjusting the references in the voucher.

Q: Where can I find reports for TDS/TCS deductions in 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 view the report TDS category wise.

Q: How can I make sure TDS is applied automatically?

The TDS will get apply automatically when limit get crossed in the voucher. To ensure this we have enable the TDS option in the account master and tag the correct TDS category with the applicability as per your requirement.

Find Solutions to Common Issues Related to taxation - tds tcs data feeding and report

Taxation (GST/VAT/TDS/TCS/RCM)

Export/Import/Data Conversion

Errors (RTE/Ransome), Feedbacks and Bugs

Barcode, QR Code and Lable Printing

License Management/Softlock/Hardlock

Enquiry/Upgrade/Visit/Renewal

UMS Related Issue (Dealer Query)

Software Features

Implementation

Dealer Complaint/Issues

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Dealer Complaint/Issues

I am getting a mismatch between manual TDS calculations and system-calculated TDS amounts due to purchase returns. How can I fix this?

If you are getting mismatch between the manual TDS calculations and system calculated TDS. Then you need to check the TDS configuration in the BUSY. You have to do the TDS configuration according to the TDS you are calculating manually.

Why can't I find the earlier TDS deduction details for adjustment against current payment? Where can I see past TDS deductions?

To find the earlier TDS Deduction details for adjustment against current payment You need 
 to select the previous period or quarter in Tds reference adjustment box due to selection of 
 current quarter the previous refeneces are not showing

I made changes to a vendor invoice after TDS was deducted. How can I modify or reverse the TDS amount accurately?

You have to open the voucher in modify mode and can correct it.
 Step 1: Click on Transaction
 Step 2: Then select the required voucher type
 Step 3: Then Modify
 Step 4: Then open the required voucher and correct it

I need help configuring taxes like GST, TDS etc. in the software.

To get help configuring taxes go to:
Step 1 : Click on administration
Step 2 : Then configuration
Step 3 : Click on features and options
Step 4 : Go to GST/VAT tab and enable GST
Step 5 : Go to TDS tab enable TDS

What does "individual residence" mean as a category option in BUSY?

An individual's residential status will include his or her current fiscal year as well as previous years of stay. The following categories are used to classify an individual's residence status. Resident (ROR) Resident but Not Ordinarily Resident (RNOR) Non-Resident (NR)

How is TDS deducted on purchase transactions in BUSY?.

TDS is deducted on purchase transactions in BUSY by selecting the appropriate TDS category and deducting the TDS amount from the net payment amount. The TDS deduction is based on the applicable TDS rate for the specific type of purchase.

How can I manually edit or add TDS amounts to the invoice in BUSY?

You can open the voucher in the modify mode then can edit it from below steps.
 Step 1: Click on Transactions
 Step 2: Then required voucher type
 Step 3: Then Modify
 Step 4: Then manually mention the TDS amount

How do I allocate a payment to the correct quarter?

In the payment voucher, there is no seperate option for TDS/TCS. When the TDS and TCS feature is enable in the expense and party master then automatically TDS/TCS window will get open for adjusting the references in the voucher.

Where can I find reports for TDS/TCS deductions in 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 view the report TDS category wise.

How can I make sure TDS is applied automatically?

The TDS will get apply automatically when limit get crossed in the voucher. To ensure this we have enable the TDS option in the account master and tag the correct TDS category with the applicability as per your requirement.

Frequently AskedQuestions