

In addition, all the required reports now can be generated by pressing a few keys only. Release 3 and onwards made TDS Entry in Tally ERP 9 more stable and easy to manage. TDS Entry in Tally ERP 9 allows deduction TDS at the time of booking of an invoice or an advance payment. 2226 is a liability to pay it to the government within the stipulated time. Let’s see how to pass TDS Entry in Tally ERP 9 for the same TDS Entry in Tally ERP 9 | Examples and Journal Entries the expense will be booked for the full amount, however, the supplier’s account will be credited less by the amount deducted on account of TDS TDS is a tax deducted at the source that is when the supplier issue a bill, the recipient of Services is responsible for deduction of TDS from that bill and must credit the same to TDS payable account. Once it is understood, TDS Entry in Tally ERP 9 will become a child’s play for a Tally user. To understand TDS in an accounting software it is better to understand what is TDS and how a manual entry will look like. you must follow the step by step guide for TDS Entry in Tally ERP 9 to learn how to set tds in your accounting software. Now, you can deduct TDS on expenses whether revenue or capital nature. Tally Software introduced a concept of calculating TDS based on the nature of expenses. I have also uploaded a TDS help file which is a pdf file will be very useful for TDS Entry in Tally ERP 9 TDS Entry in Tally ERP 9 |how to set up in Tally In this post,I will explain a general idea about TDS Entry in Tally ERP 9 and if you want to know step by step TDS configuration in tally.erp 9 then refer my post on TDS Entry in Tally ERP 9? I have uploaded a complete TDS set up the manual for tally users which you can download free of cost. Ltd is continuously adding more and more advanced features to the software and TDS in tally erp 9 is one of the major useful features which is very useful for finance people like me. TDS Entry in Tally ERP 9, is a further step of Tally.erp 9 to become a truly ERP solution.Tally Solutions Pvt.
