Tax Summary Reports
The Taxes section consists of the following reports:
TDS Receivables Summary
A TDS Receivables Summary report is a summary of all taxes deducted in all your sales transactions such as quotes, invoices, recurring invoices, payments received and credit notes. You will be able to view the total value of taxes deducted for all your sales transactions during a period.
To view your TDS Receivables Report:
- Go to Reports from the left sidebar.
- Navigate to Taxes and select TDS Receivables Report.
The TDS Receivables report will contain the following columns:
| Title | Description |
|---|---|
| TDS Tax Name | The TDS applied to a particular transaction. |
| TDS Percentage | The TDS percentage at which the particular goods or service is charged. |
| Total | The sales transaction’s total before deducting TDS. |
| Total After TDS Deduction | The sales transaction’s total after deducting TDS. |
| Total Tax Deducted At Source | The total TDS deducted for the sales transaction. |
To customize this report:
- Go to Reports and navigate to TDS Receivables under the Taxes section.
- Click Customize Report at the top of the page.
| Field | Description |
|---|---|
| Date Range | Select the date range for which you want to generate the report. |
| Report Basis | Select if you want the report to be generated on Accrual or Cash basis. |
| Group By | Group the report by customer or TDS rate. |
- Click Run Report.
TDS Payables Summary
A TDS Payables Summary report is a summary of all taxes deducted in all your purchase transactions such as expenses, recurring expenses, purchase orders, bills, payments made, recurring bills and vendor notes. You will be able to view the total taxes deducted in all your purchase transactions during a period.
To view your TDS Payables Report:
- Go to Reports from the left sidebar
- Navigate to Taxes and select TDS Payables Report.
The TDS Payables Report will contain the following columns:
| Title | Description |
|---|---|
| TDS Tax Name | The TDS applied to a particular transaction. |
| TDS Percentage | The TDS percentage at which the particular item/service is charged. |
| Total | The purchase transaction’s total before deducting TDS. |
| Total After TDS Deduction | The purchase transaction’s total after deducting TDS. |
| Total Tax Deducted At Source | The total TDS deducted for the purchase transaction. |
To customize this report:
- Go to Reports and navigate to TDS Payables under Taxes section.
- Click Customize Report at the top of the page.
| Field | Description |
|---|---|
| Date Range | Select the date range for which you want to generate the report. |
| Report Basis | Select if you want the report to be generated on Accrual or Cash basis. |
| Group By | Group the report by vendor or TDS tax. |
- Click Run Report.
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