Applicable to Release 1.0 and later
Start your free trial: [ Ссылка ] In TallyPrime, you can configure TCS details in the form of masters called Nature of Goods. This nature of goods can be linked in sales ledgers, TCS duty ledgers, and stock items. This linking will ensure that the tax details configured in the nature of goods are applied in the transactions where these linked masters are selected.
In case the masters selected in a TCS sales transaction have different nature of goods linked, TallyPrime will apply the tax details from the sales ledger. The sales ledger is giving the highest priority.
Also, from this release it is enough to have TCS details in any one master selected in the transactions. In earlier releases both sales ledger and stock item had to be linked to nature of goods for the TCS to be calculated.
This video covers:
1:13 – How to create TCS stock item in TallyPrime
2:45 – How to create TCS sales ledger in TallyPrime
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How to Set Up TCS Masters in TallyPrime | TallyHelp
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Tally.ERP 9tallytally solutionsAccounting softwareERPtally server 9tallyserver9ts9tally for big businesserp softwaretally gsttally erp 9accounting softwaretally servertally accountingTCS in TallyPrimeTCS Sale of Any Goods in TallyPrimeTCS Nature of GoodsTCS categoriesTax collected at source in TallyPrime.how to set up tcs masterhow to create tcs stock itemhow to create tcs sales ledgerTallyPrime Release 1.1.4