TCS in RetailEasy (Rpos7) - purchase invoice
What is TCS(Tax collected at source)? Click the link to know about the TCS concept.
Required software version - GOFRUGAL
RetailEasy 7.0.0.RC225
Below are the steps to easily make a TCS entry for a purchase
#TCS for a purchase entry
Step 1 : In the left of the purchase entry screen,
click "
more options"
Step 2 :
Scroll down to find the "TCS amount" row
. Enter the TCS amount in the column and continue to put the purchase entry. Once saved, a journal entry will be automatically passed for the TCS value. (TCS is exclusive of the invoice amount)
#Verification in reports
Step 1 : Navigate to GOFRUGAL AccountsEasy module under Accounts
Step 2 : In the AccountsEasy screen, navigate to Ledger report. (Can also be viewed in other reports like day book, journal register etc...)
Step 3: Choose the supplier/ party from the ledger list
Step 4 : Drill down for the required period by clicking enter
Step 5: In the below screen we can view the automatic TCS journal entry posted under the supplier ledger
#TCS Outstanding report and clearance in AccountsEasy
To view the outstanding report : Go to Reports -> outstanding -> supplier outstanding report -> choose the customer ledger -> Drill down the respective month
In the below image, you can view the sales bill of Rs 71,250 and it's TDS journal entry
To clear the outstanding : Go to Transactions -> bill wise receipts ( Can also be adjusted in single entry mode receipt screen)
In the below image you can notice the sales bill of Rs 71,250 and its TDS journal entry of Rs 53.44. In this screen we can adjust the bills
https://www.youtube.com/watch?v=n7OISqS8buE -
view this youtube to use bill wise receipt entry screen
https://www.youtube.com/watch?v=Pu8CkKFYk5o -
view this youtube to use single entry mode receipt screen