Frequently Asked Questions

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.

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.

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.

You can generate the form 16A and form 16 TDS certificate from BUSY from below steps.
 Step 1: Click on print/email/sms menu
 Step 2: Then TDS/TCS reports
 Step 3: Then form 16A or form 16

You can disable the TDS option in the party master from below steps.
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Modify
 Select the party master and disable the TDS option.

The TDS is charging the 5 percent for the parties whose PAN number is blank in the party master.If you mention the PAN number in the party master then will deduct TDS 0.1 percent.

Make sure that the TDS feature applicability set it in the party master when the limit get cross. As if you set from the start then will calculate the TDS in your each voucher.

Make sure that the TCS feature applicability set it in the party master when the limit get cross. As if you set from the start then will calculate the TCS in your each voucher.

The TDS get deduct in both the voucher,main and sub ledger voucher which created as seperate account but when you check the TDS report, It will show as data as per the main ledger.

If you want to charge the tds in the single voucher entry for then create commission as a bill sundry in the voucher and after that apply the tds bill sundry on invoice amount.