As per new GOI notification, a new TDS section ‘194Q’ has been introduced which states that the buyer/s having turnover exceeding INR 10 crores in the immediate preceding financial year will require to deduct TDS of 0.1% of the purchase value above INR 50 lakhs at the time of payment or credit. New Stuff: Sage… Read More: TDS on Purchase of Goods in Sage 300 ERP »
We have seen the various blogs on our Add-on Tax deduction Source for Sage 300 ERP. Like how to configure TDS and working of TDS module. In our todays blog we will see about how you can get Deduction and Remittance Report on posting Date. This can be used to search for the available deductions… Read More: Deduction And Remittance Report is now on Posting date »
During audits your auditor may ask you to reconcile the TDS amount with the general ledger accounts. The general accounts are used in the respective transactions where TDS is being deducted; also this account can be used to calculate balance sheet or income statement. In Sage 300 ERP we have customized such kind of reports… Read More: Tax Audit Report »
We are all familiar with TDS procedure but when we deal with TDS e-return we should know the different types of forms and their uses. In TDS for Sage 300 ERP, we are providing the below mentioned forms: 1. Form 26Q 2. Form 27Q 3. Form 16A 4. Form 17 5. Form 16 Covering letter… Read More: Sage 300 ERP TDS and TCS Forms and their periodicity »
In our blog Greytrix TDS – Quarterly E-TDS return we have discuss about E-filling process through Greytrix TDS module. In E-TDS, the generation of Form 26Q txt file is the main step where Challan details are actually captured in the text file for a selected quarter and then it is validated through the file validation… Read More: Form 26Q file generated in TDS-Part 1 »
Tax Deducted at Source is an add-on for Sage 300 ERP, for carrying out tedious TDS process in quick and effective way. TDS module captures essential tax related information and generates reports in government recognized formats. The Tax vital information like maintaining the section of coverage is done within the TDS Module automatically so it’s… Read More: TDS Section Summary Report »
Greytrix-TDS is an add-on based on Indian Taxation that helps user to deduct TDS in few clicks. Greytrix-TDS reduces accounting pressure/deducting TDS manually. New Stuff: Purchase Order in Sage 300 ERP 2014 Why to use Greytrix-TDS in Sage 300 ERP? Here is the answer; 1. Greytrix TDS allows organization to maintain the track of complex… Read More: Why to use Greytrix-TDS »
Greytrix – Tax Deducted at Source (TDS) is based on Indian taxation that helps user to make TDS transactions in just few clicks. To know more, visit our previous blogs on Greytrix TDS. Considering business scenario where user want to use more than one currency. Let’s take an example, there are organizations that do transactions… Read More: Multicurrency in Greytrix TDS »
In our last blogs we have discussed about the Party Details and DT Options that need to be setup properly before starting up for Greytrix TDS module. In this blog we will discuss on TDS sections and role of State codes in Greytrix TDS for Sage 300 ERP. For Part I: Configuring Greytrix TDS in… Read More: Configuring Greytrix TDS in Sage 300 ERP – III »
In our last blog we have discussed about the Fiscal Year, Responsible person, Branch Details, Nature of Deduction that need to be setup properly before starting up for Greytrix TDS module. In this blog we will explore few more important settings that allows proper functioning of Greytrix TDS module for Sage 300 ERP For Part… Read More: Configuring Greytrix TDS in Sage 300 ERP – II »
