TallyPrime provides you with the flexibility to set the exemption for such buyers during the transaction. If you are calculating TCS on accrual, then record a sales voucher for this transaction. If you are choosing TCS on realisation, then record a receipt voucher....
Similarly, enable the TCS feature in GST ledgers. In case of interstate sales transactions, enable the TCS feature in the IGST ledger.The sales and GST ledgers can now be selected in the voucher class, and in the sales invoice, for calculating GST and TCS....
GST Transactions Calculating tax in transactions has become all the easier, as TallyPrime considers GST rate and HSN/SAC details provided in the respective masters, while you can simply override the details during voucher creation, as needed. With TallyPrime Release 3.0, you can now: Record tra...
In the above case the string 1000 will be automatically converted to number.The following table shows the implicit conversion for simple data types based on the value specified in the field using Set As attribute and the data type of the field specified using Type a...