You can view any TCS that is outstanding. You can either view it based on nature of good or party-wise.
To view TCS Outstanding report
● Go to Gateway of Tally > Display > Statutory Reports > TCS Reports > TCS Outstandings .
The TCS Outstanding report displaying all the pending TCS payments appears as shown below:
To view the party-wise information
● Click F6:Party-wise .
A brief explanation about the report fields is given below:
|
Field Name |
Description |
|
Nature of Goods |
Displays the name of the nature of goods, contracts,license or lease as specified in the duty ledger which was used in recording the sales entry where tax was collected. |
|
Company |
Displays the total amount of tax collected from parties of Company-resident and Company - Non Resident buyer or lessee type for whom sale transactions were recorded. |
|
Non-Company |
Displays the total amount of tax collected from parties of Individual/HUF - Resident and Individual/HUF - Non Resident buyer or lessee type for whom sale transactions were recorded. |
|
Total Pending |
Displays the total outstanding amount of all TCS pending payment to be made. |
To view the transaction details of each nature of payment
1. Select the required nature of payment and press Enter .
The TCS Nature of Payment Outstandings report for the selected nature of payment appears as shown below:
2. Click F7: Collectee Type to view the report of the selected nature of payment to only company or non-company collectees.
3. Click F12: Configure to change the display of report in terms of the following options:
● Range of Bills to show
● Appearance of Names
● Sorting Method
A brief explanation about the report fields is given below:
| Field Name | Description |
|
Date |
Displays the date of recording payment, journal or purchase voucher. |
|
Ref. No. |
Displays the reference number entered in the payment, journal or purchase voucher. |
|
Party's Name |
Displays the party name from where TCS is collected and the payment for the same are yet to be made. |
|
Opening Amount |
Displays the opening amount of TCS. |
|
Pending Amount |
Displays the pending amount of payment to be made to the government. |
|
Due On |
Displays the last date of payment. |
|
Overdue By Days |
Displays the number of days passed after the due date. |