How do I handle tax deductions on payments to contractors in Tally?

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"Freelancer 8 years of Experience in Multiple Industries"

1) Expense A/c Dr xxx (Under Indirect Expenses) To Creditor A/c xxx (Under Sundry Creditors) To TDS on contract Payable A/c xxx (Under Duties&Taxes) 2) Creditor A/c Dr xxx (Under Sundry Creditors) To Bank...
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1) Expense A/c Dr xxx (Under Indirect Expenses) To Creditor A/c xxx (Under Sundry Creditors) To TDS on contract Payable A/c xxx (Under Duties&Taxes) 2) Creditor A/c Dr xxx (Under Sundry Creditors) To Bank A/c xxx (Bank Accounts) read less
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What is tally accounting?
Tally is a accounting software. We can maintain business accounting through the tally software
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What is Busy Accounting software?
BUSY is an integrated business accounting and management software, particularly designed for Micro, Small, and Medium Enterprises (MSMEs).
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Does any training or cerification is required to learn Tally Software?
No. There is no such requirement. You can directly apply for tally.
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Is Busy accounting software free?
Yes, Busy Accounting Software offers a free version called BUSY Express.
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