Software Solution for TCS

To meet the TCS requirements specified by the tax authorities, the JD Edwards EnterpriseOne programs enable you to:

• Create a sales order, round the taxable amount, and calculate TCS for items that are eligible for TCS.

• Issue a tax invoice to charge TCS to customers for goods purchased.

• Verify and update TCS amount in localized tables

• Print Form 27D for customers to acknowledge receipt of TCS on goods sold.

• Create a voucher and payment for TCS owed to tax authorities.