Recording Reversal of Expenses with TDS

You can record any reversal of expenses with the applicable TDS using a Purchase voucher in Tally.ERP 9.

Scenario: Neeha Traders paid a rent of Rs. 500000 to MAR Tech Park on 1-4-2015. Neeha traders cancelled the rent deal on 5-4-2015, as they found a better space for their office.

Record a Purchase Voucher

1. Go to Gateway of Tally > Accounting Voucher > F9: Purchase .

2. Enter the Supplier Invoice No. and Date .

3. Select MAR Tech Park in the Party's A/c Name field.

4. Select Rent in the Particulars field.

5. Enter 500000 in the Amount field.

6. Press Enter .

7. Select TDS Any ledger in the Particulars field. The amount is automatically calculated.

8. Press Enter .

9. Enter the details in the Bill-wise Details screen.

10. Press Enter . The purchase voucher appears as shown below:

11. Press Enter to save the voucher.

Record a Debit Note

1. Go to Gateway of Tally > Accounting Voucher > press Ctrl+F9 .

2. Enter the Original Invoice No. and Original Invoice Dt .

3. Select MAR Tech Park in the Party's A/c Name field.

4. Select Rent in the Particulars field.

5. Enter 500000 in the Amount field.

6. Press Enter .

7. Select TDS Any ledger in the Particulars field.

8. Press Enter .

9. Enter the details in the TDS Details screen.

10. Press Enter .

11. Enter the details in the Bill-wise Details screen.

12. Press Enter . The debit note appears as shown below:

13. Press Enter to save the voucher.