Type search words and press enter
Seamless e-invoicing is now at your fingertips. Check out our self-help videos.
https://help.tallysolutions.com/docs/te9rel66/Tax_India/tcs/tcs-ledger.htm

TCS Ledger

You can create a duty ledger for accounting for TCS and also specify the nature of goods.

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the Name

3. Select Duties and Taxes as the group name in the Under field.

4. Select TCS as the Type of Duty/Tax .

5. Select a Nature of Goods/Contract/License/Lease from the List of Nature of Goods .

6. Press Enter . The Ledger Creation screen appears as shown below:

7. Press Enter to save the details.