Frequently Asked
Questions

Q: I am unable to generate TDS challans for the TDS deducted through BUSY. What should I do?

You can generate the TDS challan from the below option. Step 1: Click on Print/Email/Sms Step 2: Then TDS/TCS reports Step 3: Then Bank challan Step 4: Select the TDS and can preview then print it

Q: I want to generate Form for employees from BUSY. How can I generate Form ?

You can generate the Form 16 for employee from below steps. Step 1: Click on Print/Email/Sms Step 2: Then TDS/TCS reports Step 3: Then Form 16 From here can generate the report and can print it.

Q: I want to link the previous TDS deduction to the current payment voucher for a vendor. How can I do this in BUSY?

Yes, you can include the TDS expense previous deduction charges in the current voucher of vendor. During the payment voucher, When the tds reference window get open then tick on option include previous references also .

Q: If I record sample purchases under a different account name but the same GSTN and PAN, how will it impact TDS calculation?

If you record the sample purchase for different account as sub ledger but with same GSTIN and PAN then tds will get deduct according to threshold TDS limit get crossed for main ledger or sub ledger.

Q: How can I confirm if my accounting software is updated to the latest version? I am facing issues with TDS reports.

You can confirm for your BUSY latest version from below steps : Step 1: Click on Company Step 2: Then check BUSY update From here can check the latest BUSY release and can update it.

Q: I am trying to reconcile TDS deductions shown in supplier ledgers with deductions made in purchase vouchers. What is the best way to do this in BUSY?

To reconcile the TDS deduction with the supplier can check the below report. Step 1: Click on Display menu Step 2: Then TDS/TCS Reports Step 3: Then TDS Deduction details or Purchase eligible for TDS

Q: The TDS amount is getting deducted, but it is not visible in the TDS tab. How can I get the TDS tab to display the deduction?

If the TDS is not visible in the tab then make sure that you have properly created the TDS reference in the voucher. Aas without TDS reference it will not show in the TDS report.

Q: The default TDS bill entry applies TDS incorrectly for my requirements. How can I set up and apply a custom TDS bill entry during invoice creation?

If default TDS bill sundry is not calculating the value as per your requirement then either you can modify the default bill sundry or you can create the new bill sundry as per your needs.

Q: I am passing TDS entries via journal voucher. How can I ensure the correct % rate is applied for a domestic company?

To apply the correct 2% TDS rate for a domestic company in a journal voucher, select the domestic company category and enter the applicable TDS rate. It is fixed at 2% for all domestic companies.

Q: I am unable to see the TDS deduction being made automatically in the voucher. What should I do to enable this?

When you resave the voucher then TDS window get open, from there can see the TDS deduction which has been made automatically when your limit has crossed. Also can see the in the TDS report.

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

Enquiry/Upgrade/Visit/Renewal

Dealer Complaint/Issues

I am unable to generate TDS challans for the TDS deducted through BUSY. What should I do?

You can generate the TDS challan from the below option.
 Step 1: Click on Print/Email/Sms
 Step 2: Then TDS/TCS reports
 Step 3: Then Bank challan
 Step 4: Select the TDS and can preview then print it

I want to generate Form for employees from BUSY. How can I generate Form ?

You can generate the Form 16 for employee from below steps.
 Step 1: Click on Print/Email/Sms
 Step 2: Then TDS/TCS reports
 Step 3: Then Form 16
 From here can generate the report and can print it.

I want to link the previous TDS deduction to the current payment voucher for a vendor. How can I do this in BUSY?

Yes, you can include the TDS expense previous deduction charges in the current voucher of vendor. During the payment voucher, When the tds reference window get open then tick on option include previous references also .

If I record sample purchases under a different account name but the same GSTN and PAN, how will it impact TDS calculation?

If you record the sample purchase for different account as sub ledger but with same GSTIN and PAN then tds will get deduct according to threshold TDS limit get crossed for main ledger or sub ledger.

How can I confirm if my accounting software is updated to the latest version? I am facing issues with TDS reports.

You can confirm for your BUSY latest version from below steps :
 Step 1: Click on Company
 Step 2: Then check BUSY update 
 From here can check the latest BUSY release and can update it.

I am trying to reconcile TDS deductions shown in supplier ledgers with deductions made in purchase vouchers. What is the best way to do this in BUSY?

To reconcile the TDS deduction with the supplier can check the below report.
 Step 1: Click on Display menu
 Step 2: Then TDS/TCS Reports
 Step 3: Then TDS Deduction details or Purchase eligible for TDS

The TDS amount is getting deducted, but it is not visible in the TDS tab. How can I get the TDS tab to display the deduction?

If the TDS is not visible in the tab then make sure that you have properly created the TDS reference in the voucher. Aas without TDS reference it will not show in the TDS report.

The default TDS bill entry applies TDS incorrectly for my requirements. How can I set up and apply a custom TDS bill entry during invoice creation?

If default TDS bill sundry is not calculating the value as per your requirement then either you can modify the default bill sundry or you can create the new bill sundry as per your needs.

I am passing TDS entries via journal voucher. How can I ensure the correct % rate is applied for a domestic company?

To apply the correct 2% TDS rate for a domestic company in a journal voucher, select the domestic company category and enter the applicable TDS rate. It is fixed at 2% for all domestic companies.

I am unable to see the TDS deduction being made automatically in the voucher. What should I do to enable this?

When you resave the voucher then TDS window get open, from there can see the TDS deduction which has been made automatically when your limit has crossed. Also can see the in the TDS report.

Frequently AskedQuestions