Setting Up TDS

To set up Tax Deduction at Source (TDS), use the Administrator or India Tax Manager role to complete these steps in order:

1. Set up tax information in your vendor records - This ensures each vendor has the correct tax details. For more information, see Setting Up Tax Information in Vendor Records.

2. Map TDS tax types to the correct GL account - This step ensures TDS amounts are posted to the right account. For more information, see Mapping TDS Tax Types.

3. Set up section codes for TDS - Section codes help categorize TDS transactions. For more information, see Managing Section Codes for TDS.

4. Create TDS tax rules - These rules define how TDS is calculated for each transaction. For more information, see Creating Rules for TDS Tax Types.

Related Topics

• Tax Deduction at Source
• Assigning TDS Section Codes to Items and Accounts
• Applying TDS on Vendor Bills
• Viewing TDS Tax Details
• Editing Vendor Bills with TDS
• Verifying TDS Amount
• Creating TDS Challan Vouchers

General Notices