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TAX DEDUCTED AT SOURCE (TDS)

TO ENABLE TAX DEDUCTED AT SOURCE (TDS)

GO TO GATEWAY OF TALLYPRESS F11 (FEATURES) STATUTORY & TAXATION (F3)

 SET ENABLE TAX DEDUCTED AT SOURCE (TDS) : YES

 SET / ALTER TDS DETAILS : YES
 SET DEDUCTOR TYPE : COMPANY

LEDGER UNDER GROUP IS TDS APPLICABLE NATURE OF PAYMENT

SALARY INDIRECT EXPENSES APPLICABLE NEW CATEGORY

FEES FOR PROFESSIONAL
SERVICES
TDS DUTIES & TAXES TDS FEE FOR PROFFESSIONAL
SERVICES

LEDGER UNDER IS TDS DEDUCTABLE DEDUCTEE TYPE DEDUCT TDS IN

SAME VOCHER
YOGESH SUNDRY CREDITOR YES INDIVIDUAL/HUF YES
RESIDENT

1) GO TO ACCOUNTING VOCHERSPRESS (F7) JOURNAL ( SETTLEMENT OF SALARY WITH TDS)

 SALARY A/C DR 35000
TO YOGESH A/C 28000
TO TDS A/C 7000
2) GO TO ACCOUNTING VOCHERSPRESS (F5) PAYMENT ( SALARY PAYMENT)
 YOGESH A/C DR 28000
TO CASH A/C 28000
3) GO TO ACCOUNTING VOCHERSPRESS (F5) TDS ( FOR TDS PAYMENT)
 TDS A/C DR 7000
TO CASH A/C 7000

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TAX COLLECTED AT SOURCE (TCS)

TO ENABLE TAX COLLECTED AT SOURCE (TCS)

GO TO GATEWAY OF TALLYPRESS F11 (FEATURES) STATUTORY & TAXATION (F3)

 SET ENABLE TAX COLLECTED AT SOURCE TCS : YES

 SET / ALTER TCS DETAILS : YES
 SET COLLECTOR TYPE : COMPANY

NAME UNDER IS TCS APPLICABLE NATURE OF RATE

GOODS
SALES SALES A/C APPLICABLE NEW CATEGORY – 10%
TIMBER WOOD
TCS DUTIES & TAXES SALES TCS TIMBER WOOD --

YOGESH SUNDRY DEBTORS TCS = YES INDIVIDUAL - --

RESIDENT

1) GO TO INVENTORY VOCHERS

STOCK ITEM STOCK GROUP UNIT OF IS TCS APPLICABLE NATURE OF

MEASURES GOODS
TIMBER WOOD WOOD MTS-METRIC TON APPLICABLE TIMBER WOOD

2) GO TO ACCOUNTING VOCHERSPRESS (F8) SALES

STOCK ITEM QTY RATE

TIMBER WOOD 50 500

3) GO TO ACCOUNTING VOCHERSPRESS (F6) RECIEPT

 CASH A/C DR
TO YOGESH A/C
4) GO TO ACCOUNTING VOCHERSPRESS (F5) PAYMENT
 TCS A/C DR
TO CASH A/C
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