Frequently Asked Questions

The discrepancies between expected TDS amounts and deductions on bills could be caused by incorrect mapping of TDS categories to the transactions, incorrect entry of TDS amounts in the accounting software, or incorrect calculation of the taxable amount.

For entering the tds reference number manually, then open the purchase voucher in which you have applied the tds. When you save the voucher then in tds reference window get open and manually can enter the reference number.

The collection Code stands for in BUSY 
Collection Code R : R Stands for Sales of Goods 
Collection Code E : E stands for Sale of scrap 
Collection Code C : C is the TCS Section code

The collection Code stands for in BUSY 
Collection Code R : R Stands for Sales of Goods 
Collection Code E : E stands for Sale of scrap 
Collection Code C : C is the TCS Section code

For check Tcs Report by follow the below steps:
Step 1: Go to display then go to Tds/tcs reports
Step 2: In Tds/tcs Report go to tcs collection detail
Step 3: Choose all category and all references and open Report.

For this error TCS cannot be applied as no bill summary has been formed, You have to chec that the TCS bill sundry configuration should be proper and TCS account should tag in the TCS bill sundry.

If the TDS configuration is not reflecting as you set previously then make sure you are checking the correct company data and might be someone has changed the settings then you need to restore the data backup.

To link TCS payment and collection vouchers in BUSY, you need to enter the same TCS reference number in both vouchers. This will link the two vouchers and reflect the TCS payment in the TCS collection report.

If someone has deducted the TDS, then you have to pass the journal voucher for the TDS entry.
 Pls follow the below steps :
 Step 1: Click on Transactions
 Step 2: Then Journal
 Step 3: Then Add

If you get the TDS error for difference in the amount while saving the voucher,then make sure that the TDS percentage which applied in the bill sundry should be same as in the TDS reference creation window.