Prepayments are common in Accounts Payable — advances to vendors, retainers, or milestone-linked payments made before an invoice is booked. In organizations governed by Tax Deducted at Source (TDS) rules, every prepayment also carries a compliance question: does TDS apply, and if so, at what rate and on what base? Handling this vendor by vendor,… Read More: AP Prepayment Macro with TDS in Sage 300 »
Accounts Payable teams often need to record miscellaneous payments that do not follow a standard invoice-payment workflow. When these transactions are entered one by one in Sage 300, the process can become repetitive, especially when the organization processes a large number of payments across vendors, bank accounts, payment codes, GL distributions, and optional fields. To… Read More: AP Miscellaneous Payment Macro in Sage 300 »
Managing Accounts Payable (AP) invoices is one of the most repetitive and time-consuming activities in any finance department. Every day, finance users receive multiple supplier invoices that must be accurately entered into Sage 300 in a timely manner. As invoice volumes increase, manual data entry becomes increasingly challenging and can lead to errors such as… Read More: AP Invoice Macro: A Smarter Way to Process Supplier Invoices »
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: Enhancement in TDS Audit Report for Sage300. »
In our Previous blog about creating remittance, we have understood the working and purpose of it in the TDS addon Sage 300 ERP. Earlier TDS was deducted on the current fiscal year and only on the document date. But on the client’s request, we have added the TDS Deduction on the Posting Date of the… Read More: TDS – Create Remittance with the Posting Date »
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 »
We’ve explored various blogs covering our Add-on Tax Deduction Source for Sage 300 ERP, including topics such as configuring TDS and understanding its module. In today’s blog, we’ll focus on how to create remittance in Sage 300 ERP. The addon module named TDS in Sage 300 has a screen Create Remittance which is used to… Read More: TDS – Create Remittance »
As we all are aware of TDS in Sage 300 ERP. Tax Deducted at Source (TDS) is a method mandated by the Indian government for collecting taxes directly from the source of income. It entails the deduction of a specified tax percentage by the payer while making payments to the recipient, with this deducted amount… Read More: TDS On Nil Rated Entry »
The most important process in Sage 300 is the Day-End Process. When you post Inventory Control transactions, Sage 300 automatically updates the affected item amounts in your system, ensuring that you always know what you have in stock. You can choose whether Inventory Control updates costing and creates transactions when you post transactions, or later,… Read More: Day End Processing Error Due to TDS Addon »
In Sage 300 ERP, we are all aware of the Tax Deduction at Source module and how it works in the Account Payable. However, while creating invoice entries in day-to-day life, the user encounters many scenarios that cause error batches in the Account Payable module, such as if the Document total does not match the… Read More: Auto TDS Deduction on Error Batch »
