The TDS Audit Report in Sage 300 plays a crucial role in validating Tax Deducted at Source (TDS) transactions, especially in scenarios where remittance or adjustment entries are pending or incomplete. This report helps finance and compliance teams ensure accuracy, identify gaps, and maintain statutory compliance. In a previous post, we explained the TDS Audit… Read More »
Many times we come across a situation where a customer pays the rounded figure of invoice amount and we have to write-off the difference amount. Also, there are plenty of bad debts which we need to write off. For these requirements, sage 300 ERP provides an option known as “Create write off”. Using this option… Read More »
Companies operating on Project and Job Costing Basis need to file TDS, but then parameters of TDS filing vary from Company to company. Significant entities which are needed for PJC TDS deduction are Project, Contract, Jobs etc… Whenever TDS is deducted, an Adjustment Entry is created but Adjustment creation for PJC Invoices needs Project, Contract,… Read More »
