Managing TDS and TCS on high-value transactions can become difficult when entries are created manually. Missing a required deduction can lead to compliance issues and unnecessary checking of every transaction.
The TDS & TCS Control TDL for TallyPrime helps businesses automate this control directly during Sales and Purchase voucher entry.
When a party crosses the configured transaction threshold, the system checks whether TDS or TCS is applicable based on the party's ledger settings. If applicable, the TDL can either display a notification or strictly control the transaction and prevent the voucher from being posted until the required TDS/TCS is applied.
The solution also provides options to enable TDS or TCS applicability for multiple ledgers at once, reducing the need to open and update each ledger individually.
Key Features
TDS Applicability Control – Automatically checks TDS requirements for configured parties.
TCS Applicability Control – Controls TCS deductions for parties where TCS is applicable.
Threshold-Based Control – Apply controls when transactions cross the configured limit.
Notification Mode – Warn users when applicable TDS/TCS has not been applied while still allowing the entry to be posted.
Strict Control Mode – Prevent voucher posting until the required TDS/TCS is applied.
Party-wise TDS Setting – Enable TDS applicability directly from the Ledger Master.
Party-wise TCS Setting – Enable TCS applicability for relevant parties.
Bulk TDS Ledger Update – Enable TDS applicability for multiple ledgers from a single report.
Bulk TCS Ledger Update – Enable TCS applicability for multiple parties without editing each ledger individually.
Sales & Purchase Support – Apply the control during Sales and Purchase transactions.
Automated Compliance Check – Reduce the possibility of missing applicable deductions.
How It Works
1. Enable TDS/TCS for the Party
Open the required Ledger Master and enable the TDS or TCS applicability option according to the party's requirements.
2. Use Bulk Update for Multiple Parties
If multiple parties need to be configured, use the Update TDS Ledger Master or corresponding TCS bulk-update option to enable the required settings together.
3. Select Control Mode
The TDL provides two modes:
Notification Mode:
If applicable TDS/TCS is not deducted, TallyPrime displays a notification but allows the transaction to be posted.
Control Mode:
If applicable TDS/TCS is not deducted, the transaction cannot be posted until the required deduction is applied.
4. Enter Sales or Purchase Voucher
During Sales or Purchase entry, the TDL checks the party's configuration and applicable threshold.
5. Apply TDS/TCS
If the party qualifies for TDS or TCS, the system ensures that the required deduction is handled according to the selected control mode.
Benefits
Reduces manual TDS/TCS checking
Prevents missed deductions on applicable transactions
Helps maintain better compliance control
Provides flexibility between notification and strict control
Saves time when configuring multiple party ledgers
Minimizes incorrect voucher posting
Works directly during Sales and Purchase entry
Improves control over high-value transactions
Who Can Use It?
Traders
Manufacturers
Distributors
Wholesalers
Purchase & Sales Teams
Accounts Departments
Finance Teams
Businesses handling TDS/TCS applicable transactions
Get TDS & TCS Control Customized for Your TallyPrime
Automate transaction-level TDS/TCS checks and improve compliance control with a customized TDL solution for TallyPrime.
Shivansh Infosys
TallyPrime Customization & TDL Solutions
📞 +91 84609 04467 | +91 63530 61867
🌐 www.shivanshinfosys.in
✉️ info@shivanshinfosys.com