TCS Configuration in Accoxi

Accoxi provides the function of TCS Configuration and the user can set the TCS format of the Organization in it.

TCS Configuration in Accoxi

TAX COLLECTED AT SOURCE (TCS)

TCS concept is included in the Income Tax. TCS is the Tax Collected at the Source. The payer or the collector is required to collect tax while receiving the amount which is from the buyers. The TCS amount shall be collected separately which is over and above the invoice value

TCS Configuration IN ACCOXI

Accoxi is the most modern accounting software that provides easy and deliberate results for accounting. TCS configuration helps the user to set the TCS format of the organization.

Tcs Configuration Navigation

KEY FEATURES

  • It helps the user to create a new TCS tax name and can also provide tax percentage
  • Users can also filter the created TCS section by using the filter option
  • The total details of TCS can be exported by choosing the export option

In Order To Access TCS Configuration

  • Go To Settings Option
  • Under Accounts head
  • Select TCS configuration

DATA AVAILABLE IN TCS TABLE

Field

Description

#

Serial Number

Tax Name

It shows the name given to the TCS section

TCS Section

It shows the selected TCS section

Rate %

The TCS percentage is given to a selected TCS section

Data Available in TCS Table

1. Filter Option

  • Users can filter TCS in two ways either directly enter the tax name on the search bar or click on the filter option then the user can filter it by TCS section and Tax Name

 

2. Refresh Option

  • If the latest data is not displayed then click on the refresh option on the top left side of the page to fetch new data

 

3. Add New Option

  • Users can create a new tax by choosing the Add New option. Here user needs to select the TCS section and enter the Tax Name and the Rate.

 

4. Export Option

  • If the user wants to export opening stock details into PDF format, then the export option is available, after clicking export to PDF a save as directory option will appear and the user can opt for the PDF file saving location

 

5. Edit Option

  • Users can edit or make a change in the created tax name or percentage of tax

 

6. Exit Option

  • Users can exit from the current window and it will redirect to the previous page

Steps To Add A New TCS

  • Click on the Settings option
  • Under Accounts head select ‘TCS Configuration’
  • Click on the ‘+Add New’ option
  • Then select the TCS section and enter the tax name and also enter the rate/percentage of TCS
  • Click on the Save option

Steps To Add New TCS

Frequently Asked Questions?

01How do I filter TCS by Tax Name?

  • Click on the Settings Option
  • Under the Accounts head, select TCS configuration
  • Choose the filter option on the top left side of the data table
  • Then enter the Tax Name
  • Click on the Apply option

02How can I export the details of TCS?

  • Click on the Settings Option
  • Under the Accounts head, select TCS configuration
  • On the top right side of the page, and the export option is available 
  • Click on the Export option
  • Choose the file location and click on save

03How do I manage TCS?

  • Click on the Settings Option
  • Under the Accounts head, select TCS configuration
  • Click on the Add New option
  • Then select the TCS section and enter the tax name and also enter the rate/percentage of TCS
  • Click on the Save option

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