TCS Reports

In order to view the reports select Display from Gateway of Tally, go to Statutory Reports and select TCS Reports. Three different reports can be viewed through the TCS Reports.

Challan Reconciliation for TCS

After printing the deposit challan, the details of the printed challan are entered through the Challan Reconcilliation button(F5). Detailed entry made are Bank challan Number, Challan Date, Bank Branch Code, Cheque number. Accept and save the reconciliation details.

Printing TCS Challan

In order to get TCS challan, click on print button after saving the payment voucher, the voucher printing dialogue box is activated. Then fill up general printing specifications and select 'yes' for Print as challan option.

Payment Voucher Creation of TCS

You can do it by using the TCS helper button, click on the button, TCS filter screen will appear, the details are to be filled up and then the payment voucher is to be created
Or else you have to debit TCS ledger and credit Bank Account for payment of TCS in payment voucher.

Sales Voucher for TCS

For TCS purpose, you have to go to sales voucher screen, in Invoice mode. Give the normal information there like party name, sales ledger, item name, etc. TCS computation screen displays details of TCS. You can change the rate by changing the configuration i.e. by setting 'yes' at the option 'Allow Alteration of TCS Rate' in the configuration screen.

Sales Ledger Creation for TCS

In order to create Sales Ledger go to Ledger Creation screen and fill it up, set 'yes' in the option TCS applicable.