TDS on the purchase of goods under section 194QThis feature is for buyers who are responsible for making payments to a resident for the purchase of goods when the value or aggregate of either a purchase from a supplier or a payment (whichever occurs earlier) is Rs. 50 lakh during the ...
The full form of GST isGoods and Services Tax. It is an indirect tax levied on the supply of goods and services across India. This comprehensive tax system is designed as a multi-stage, destination-oriented tax applied at each point of value addition in the supply chain. By replacing multi...
This feature is available for organizations in which the Zoho Inventory Add-on is enabled. 9 August 2023 Snail Mail Extension for Zoho Books You don't have to purchase snail mail credits anymore. Install the Snail Mail for Zoho Books extension directly from Zoho Marketplace to send physical ...
That is, the rate of line items in invoices will be computed automatically by applying the marked up percentage over the purchase amount. You can also set a default markup percentage from Settings > Preferences > General. 03 December 2020 Hide Zero-Value Line Items You can now hide the zero...
When a purchase is made, a debit entry is made under “Purchases” (or a similar account name like “Inventory” or “Cost of Goods Sold”) to reflect the increase in goods or services received. However, since the vendor has not yet been paid, this creates a liability. To maintain the...
Posted on 10 April 2023 Category : For BeginnersThe information provided here is part of Online Export Import courseFCL means Full Container LoadIf an exporter has goods to accommodate in one full container load, he books an FCL (Full Container Load) to stuff his cargo. In an FCL cargo, ...
IGST is charged when movement of goods and services from one state to another. For example, if goods are moved from Tamil Nadu to Kerala, IGST is levied on such goods. The revenue out of IGST is shared by state government and central government as per the rates fixed by the authorities....
Production orders where material is consumed on different operation. Long running production orders where materials for the total quantity of the production order cannot be released at once; either because all the material is not available or there is not space enough on the shop floor....
(Calculated the IGST tax when with IGST payment is Yes on SEZ/DE/Export order) Critical fixes For intercompany transactions, when one company posts a sales order, a purchase order is automatically generated in the other company. However, the location of the purchasing company in the tax info...
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