TDS Applicable

Here are the steps for TDS Applicable. To learn more, you can also watch this RELY Online tutorial video:

TDS Applicable

For TDS Applicable in Rely, first select the desired company.

1. To enable TDS in Daybook, Go to Master > Account > Add/Edit and press Enter key.

2. In A/c Name, enter the name of the Purchase Daybook in which you want to enable TDS and press Enter key.

3. Selected daybook masters will open. Enter details here:

TDS Applicable - Enter Y here to enable TDS.

TDS Head - Enter the TDS head here.

TDS Account - Press Enter key and select the TDS account from the list displayed.

TDS Rate - Enter the TDS percentage you want to set in the daybook.

4. Press Enter key and when Rely prompts 'Do you Confirm?', select Yes option and press Enter key. TDS will be enabled in the daybook.

5. To enable TDS in Account, Go to Master > Account > Add/Edit and press Enter key.

6. In A/c Name, enter the name of the Creditor Account in which you want to enable TDS and press Enter key

7. Selected account masters will open. Enter details here:

TDS (%) - Enter the TDS percentage you want to set in the account.

TDS Limit - Enter the TDS limit here, if you want to set Party wise TDS limit.

Should not deduct 25% - If 25% less TDS should not be deducted according to the new rules, then enter Y here.

8. Press Enter key and when Rely prompts 'Do you Confirm?', select Yes option and press Enter key. TDS will be enabled in the account.