Adding Tax Withholding Categories and Ledger Mapping
How to Add Tax withholding category and mapping TDS ledger in Shipmnts.
Let us understand this by taking an example:
Adding TDS payable ledger on professional fees.
- Go to Navigation Tab
- Click on General Ledger
- Under Set up section > Click on Chart of Accounts
- Under TDS payable
- Add child as TDS pay on professional fees.
- Enter details of ledger
- Click on create new.
- TDS ledger created into the system.
- Next step is to adding tax witholding category and mapping TDS ledger.
- Go to Navigation tab
- Go to Taxation
- Under Section Tax Configuration > Click on Tax Witholding Categories.
- The system will redirect you to the Tax withholding categories page.
- Click on New for adding the TDS category.
- Add Tax witholding category details.
- Enter Single Transaction Threshold Limit.
- Enter Single Cumulative Transaction Limit.
- Map the TDS ledger in the account section.
- Then Click On save.
Related Articles
Adding Tax Withholding Categories and Ledger Mapping
How to Add Tax withholding category and mapping TDS ledger in Shipmnts. Let us understand this by taking an example: Adding TDS payable ledger on professional fees. Go to Navigation Tab Click on General Ledger Under Set up section > Click on Chart of ...Category Mapping against Ledger
Category mapping against the ledger plays a very important role in Profit and Loss Statement. Basis on the category mapping profit and loss statement runs. Let us understand this by taking an example - The terminal expense is a direct expense so ...Category Mapping against Ledger
Category mapping against the ledger plays a very important role in Profit and Loss Statement. Basis on the category mapping profit and loss statement runs. Let us understand this by taking an example - The terminal expense is a direct expense so ...How to Map Fiscal year in Tax withholding categories?
Please follow Below Steps carefully: Go to Navigation Tab. Go to Finance Management > Taxation. Under the section Tax Configuration > click on tax withholding categories. Select Tax Withholding Categories against which you need to map the fiscal ...How to Map Fiscal year in Tax withholding categories?
Please follow Below Steps carefully: Go to Navigation Tab. Go to Finance Management > Taxation. Under the section Tax Configuration > click on tax withholding categories. Select Tax Withholding Categories against which you need to map the fiscal ...