Frequently Asked Questions

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.

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

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

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

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)

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.

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

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.

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.

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.