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Feature Details

Module: Tax
First Available In 10.0.18
Find out more at (No Link Provided)Lifecycle State: Can Be Disabled:

Content Author Info

Created By Nathan Clouse
Created On 2022-01-13
Updated By Nathan Clouse
Update On 2022-01-15
As per Income tax law, TDS should be deducted from the vendor invoice or vendor payment whichever is earlier. On enablement of this feature, if the user deducts TDS on both vendor invoice and vendor payment separately then at the time of settlement of vendor invoice with vendor payment, tax on the transaction posted later will reverse automatically through a related voucher.