In Sage 300 ERP, we offer the Tax Deducted at Source add-on, which allows users to deduct TDS with just a few clicks. ‘Nature of Deduction’, ‘Branch code’, ‘Fiscal Year’, ‘Due Date’, and ‘Quarter’, are the details of TDS. Nature of Deduction and Branch code are fetched from D/T party details. Fiscal Year is set… Read More: Due Date calculation based on Posting Date »
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 »
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 »
